Formula 1 to race in Monaco until 2031

Formula 1 will continue to race around the streets of Monaco until 2031 inclusive, following a six year extension to the existing agreement.

Part of the first Formula 1 World Championship calendar back in 1950 and present since 1955, the Monaco Grand Prix is one of the most famous sporting events in the world and the ultimate test for F1 drivers with pure concentration and skill needed,

Located on the banks of the French Riveria, the field must navigate the scenic streets of Monte Carlo, tackling the slowest corner on the F1 circuit, the Loews Hairpin, and the iconic Casion Square and Swimming Pool sections.

Five of the current F1 grid sit alongside legends including Ayrton Senna, Alain Prost, Michael Schumacher and Niki Lauda in having triumphed around the 3.3km circuit.

As F1 experiences significant growth around the world, the appeal of the Monaco Grand Prix continues to be felt.
The 2024 weekend, was watched by a cumulative audience of over 70 million fans.

The 2025 Monaco Grand Prix will be taking place from May 23rd to 25th next year and will mark the 75th anniversary of the race’s official F1 debut, while from 2026, the event will be contested on the first full weekend in June each year.

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. 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.
Stefano Domenicali, President and CEO of Formula 1.

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.
Michel Boeri, President of the Automobile Club of Monaco.