Monaco Grand Prix Extended Until 2031

The Formula 1 Monaco Grand Prix, one of the most prestigious and celebrated races in motorsport history, has officially been extended until 2031. The decision, announced jointly by the Automobile Club de Monaco (ACM) and the Formula One Group, solidifies Monaco’s position as a crown jewel in the Formula 1 calendar for six more years beyond the current agreement, which was set to expire in 2025. This news reaffirms Monaco’s unique relationship with Formula 1 and secures its iconic streets as a mainstay in the motorsport world.

Buy Monaco GP Tickets (22-25 MAY 2025)

A Rich Legacy Since 1929

Since its inception in 1929, the Monaco Grand Prix extended until 2031 has remained an awe-inspiring event in the racing world. It first featured on the Formula 1 World Championship calendar in 1950, and over the decades, it has grown to embody the highest levels of skill, precision, and concentration required of any Formula 1 driver. Unlike most other circuits, Monaco’s course weaves through the narrow streets of Monte Carlo, with sharp turns and tight corners that challenge drivers’ abilities and push cars to their limits. The race demands not only exceptional driving skill but also meticulous focus and endurance, as the circuit leaves little margin for error.

Commitment to Tradition and Prestige

The newly extended contract with Formula 1 means that the Monaco Grand Prix extended until 2031 will continue to mesmerize racing fans and test the skills of drivers until at least 2031. This extension highlights the commitment of both Formula 1 and the Automobile Club de Monaco to preserve the tradition and prestige of this legendary event. Racing through the picturesque streets of Monte Carlo, the Monaco Grand Prix extended until 2031 is not just a test of driving ability; it is a test of heritage, charm, and sportsmanship that remains unrivaled in the world of motorsport.

Looking Ahead to the 2025 Season

In the 2025 season, Monaco Grand Prix extended until 2031 will host the eighth round of the 24-race calendar, with the race scheduled from May 22nd to May 25th. This highly anticipated event promises to bring forth another thrilling installment, with racing legends and emerging talents all eager to claim victory on this hallowed ground.

Statements from Key Figures

Formula 1 President and CEO Stefano Domenicali expressed his enthusiasm for the continuation of the Monaco Grand Prix, stating, “I’m delighted that Formula 1 will continue to race in Monaco until 2031. The streets of Monte Carlo are unique and a famous part of Formula 1, and the Monaco Grand Prix remains a race that all drivers dream of winning.” Domenicali also extended his gratitude to H.S.H. Prince Albert II of Monaco and Michel Boeri, President of the ACM, for their instrumental roles in ensuring the longevity of the Monaco Grand Prix on the Formula 1 calendar.

Michel Boeri echoed Domenicali’s sentiment, remarking, “The signing of this new agreement with the Formula One Group until 2031 not only confirms the strength of our relationship, but reaffirms our commitment to offering all visitors an unrivaled, first-class experience at race weekends.” The extended partnership is not just about the race itself but about creating an unforgettable experience for fans, tourists, and the people of Monaco, who have welcomed the Grand Prix as an integral part of their city’s identity.

The Unique Atmosphere of Monaco

The allure of the Monaco Grand Prix lies in its inimitable atmosphere. For over ninety years, spectators have flocked to the Principality of Monaco, drawn by the thrill of watching high-speed cars navigate the city’s narrow streets, surrounded by the Mediterranean’s scenic beauty and luxury yachts in the harbor. The backdrop of glamorous hotels, casinos, and the storied Monte Carlo Casino adds an additional layer of prestige to this unique event, making it a must-visit destination for race enthusiasts and travelers alike.

Iconic Moments in Formula 1 History

Throughout its long history, the Monaco Grand Prix has witnessed some of the most iconic moments in Formula 1. Legends like Ayrton Senna, Alain Prost, and Michael Schumacher have etched their names into the race’s legacy, each securing multiple victories on this challenging track. Senna, in particular, is celebrated for his six wins at Monaco, a feat that showcases the exceptional skill and focus required to conquer this unforgiving course. For current drivers, winning the Monaco Grand Prix remains a career-defining achievement, a triumph that solidifies their place among the greats of motorsport.

Economic and Cultural Impact

The extension of the Monaco Grand Prix until 2031 also brings significant economic benefits to Monaco. The event draws thousands of tourists, generating revenue for local businesses and adding to Monaco’s global reputation as a hub for luxury, sports, and culture. Each race weekend sees the Principality transform into a bustling epicenter of activity, with hotels, restaurants, and shops catering to an international audience eager to experience the energy and elegance of Monaco’s famed race.

A Timeless Fixture in Formula 1

The Monaco Grand Prix’s renewed contract is a testament to its enduring value and the strong partnership between the ACM and Formula 1. As the sport continues to evolve, adapting to modern demands and technology, the Monaco Grand Prix remains a timeless fixture, bridging the past with the present. This extension ensures that future generations of fans and drivers will continue to enjoy one of the most captivating and historic events on the Formula 1 calendar.

Looking Forward to Unforgettable Races

In the coming years, the Monaco Grand Prix will continue to be a highlight for racing fans worldwide. This contract extension provides stability and reaffirms Monaco’s status as a cornerstone of Formula 1. The Monaco Grand Prix is not merely a race; it is an institution, a symbol of the glamour, precision, and thrill that define Formula 1. With its extension secured, Monaco is poised to continue hosting unforgettable races, inspiring drivers, fans, and visitors for many years to come.