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Formula 1’s prestigious Monaco Grand Prix will continue to be a staple on the F1 calendar until at least 2031. This announcement follows a significant six-year extension made public on Thursday, with the race now scheduled to take place during the first full weekend of June starting from 2026. This change ensures that the event no longer overlaps with the Indianapolis 500, resolving a long-standing scheduling conflict.
A historic tradition
Since its inception in 1950, the Monaco Grand Prix has been a cornerstone of the Formula 1 World Championship, making it one of the most iconic and cherished races in motorsport history. It was briefly absent in 2020 due to the global pandemic, but otherwise, it has remained a constant feature on the F1 calendar.
Stefano Domenicali welcomes the extension
Stefano Domenicali, Formula 1's CEO, expressed his excitement about the race’s extended presence in Monaco, saying, “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. This agreement signals a new era of partnership and innovation between Formula 1 and Monaco.”
A strategic shift for the F1 calendar
The revised scheduling aims to create a more streamlined and logical flow of races across the regions. Domenicali added that the shift would help optimize logistics while reducing the environmental footprint of the global championship.
“This agreement will allow us to create an optimized calendar, which reduces pressure on logistics, and to decrease the environmental impact of our global championship, as we continue the path towards our net-zero goal by 2030,” he said.
Record-breaking audiences and global appeal
The Monaco Grand Prix continues to captivate a global audience, attracting more than 70 million viewers worldwide in 2023. In the United States, it became the third most-watched Formula 1 race of all time, highlighting its massive appeal, particularly in the North American market.
This year, Ferrari’s Charles Leclerc secured a thrilling victory in front of his home crowd, winning from pole position and cementing Monaco’s place as a race that all F1 drivers aspire to conquer.
Michel Boeri highlights the importance of the race
Michel Boeri, President of the Automobile Club of Monaco, emphasized the grand event’s significance to the principality. “The Monaco Grand Prix is the most important sporting event here and continues to attract hundreds of thousands of spectators to the principality and millions of global television viewers worldwide,” Boeri remarked.
With its rich history and continued global prominence, the Monaco Grand Prix is set to remain a key fixture in Formula 1’s future, combining tradition with a forward-looking strategy for growth.
