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Formula 1 in Monaco until 2031: A new agreement signed
November
An extension of the historic agreement
Formula 1 will continue to animate the streets of Monaco until 2031 thanks to a six-year extension of the existing agreement between the Automobile Club of Monaco (ACM) and the Formula One Group, which was initially due to end in 2025.
A legendary race in F1 history
Organized for the first time in 1929, the Monaco Grand Prix was part of the very first Formula 1 world championship in 1950. Renowned worldwide, it is considered one of the greatest technical challenges for drivers and a meeting you essential motorsport.
Reactions from leaders
“I am delighted that Formula 1 will remain in Monaco until 2031. Monte-Carlo is emblematic in our discipline, and the Monaco Grand Prix is a victory that all drivers want to achieve. I thank HSH Prince Albert II of Monaco, Michel Boeri and all the people who worked for this agreement,” declared Stefano Domenicali, President of Formula 1.
A renewed commitment to excellence
“This agreement with the Formula One Group, signed until 2031, reflects the strength of our relationships and our desire to offer a world-class experience to all spectators,” added Michel Boeri, President of the Automobile Club de Monaco.
