Formula 1 has announced that the Monaco Grand Prix will remain on the calendar until 2031 in a deal which will see the historic event have a revised date from 2026.
Monaco’s place on the F1 schedule had been uncertain amid a contract that was set to expire at the end of 2025 and the tedious show that the race tends to produce.
But Monte Carlo’s spot has been protected as it has landed a new long-term deal to ensure it will be a consistent presence through F1’s next regulation era from 2026.
The renewal has also contained Monaco being moved from its traditional slot at the end of May to June from 2026 in order to avoid a clash with the Indianapolis 500.
“I’m delighted that Formula 1 will continue to race in Monaco until 2031,” said Stefano Domenicali, F1 President and CEO.
“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.
“I would like to extend a special thanks to H.S.H. Prince Albert II of Monaco, Michel Boeri, President of the Automobile Club of Monaco and everyone involved in the extension of this important partnership.
“This agreement signals a new era of partnership and innovation between Formula 1 and Monaco. It is the future focused leadership of H.S.H. Prince Albert II of Monaco which will allow us to create an optimised 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.”
Michel Boeri, President of the Automobile Club of Monaco, added: “I would particularly like to thank H.S.H. Prince Albert II of Monaco, Stefano Domenicali, and everyone involved in the extension of this contract.
“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 unrivalled, first-class experience at race weekends.
“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.”