Jordan's Track Talk

Tag: 2031

  • F1 to race in Monza until 2031

    Formula 1 has announced that the Italian Grand Prix will remain on the calendar until 2031 inclusive as part of a new six-year extension to the existing agreement, which runs through 2025.

    The new deal follows significant upgrades to the Autodromo Nazionale Monza ahead of the 2024 Grand Prix, where 335,000 fans attended across the weekend to see Ferrari’s Charles Leclerc take the chequered flag.

    Built in 1922, Monza – also known as the Temple of Speed – has hosted a Grand Prix every year since the inaugural World Championship in 1950, apart from 1980 when the circuit was closed for renovations.
    Located just north-east of the historical city of Milan, one of the cultural and fashion capitals of the world, the 5.8km circuit boasts one of the fastest laps on the Formula 1 calendar with the drivers on the throttle for 80% of the lap.

    In 2020, Monza was the site of the fastest ever F1 lap in terms of average speed, when Lewis Hamilton took pole position for the 2020 Italian Grand Prix with a qualifying time of just 1m 18.887s.

    I am delighted that the Italian Grand Prix will remain on the calendar until 2031. Monza is at the very heart of Formula 1 history and the atmosphere each year is unique as the Tifosi gather in huge numbers to cheer on Ferrari and the drivers. The recent upgrades to the circuit’s infrastructure and the planned investment show a strong commitment to the long-term future of Formula 1 in Italy, and I want to thank the President of the Automobile Club d’Italia, the Italian Government, and the Lombardy Region for their continued passion and commitment to our sport. I also want to pay tribute to our incredible fans across the country who support Formula 1 so passionately.
    Stefano Domenicali, President and CEO of Formula 1.

    It’s a great honour for us, the Automobile Club of Italy (ACI), to have succeeded in guaranteeing the hosting of six more Italian Grand Prix F1 seasons at the Autodromo Nazionale Monza after 2025. We must thank the valuable and decisive contribution of the current President and CEO of Formula 1 Group, Stefano Domenicali, who made this contract extension possible. Much as we should, certainly, thank the Italian Government, the Lombardy Region, and all the local institutions that have allowed the Italian Grand Prix to attract, during the last editions, an ever-increasing number of enthusiastic fans. In particular, I want to emphasize the key contribution of the Italian Government and the Lombardy Region, which have invested resources in this centenarian circuit and funded the works carried out this year. As we all know, Monza is the oldest racetrack in the world to host a race of the World Championship, and it is also the longest-running event on the World Championship calendar. We are all aware that history is no longer enough. Following the resurfacing of the track and underpasses to improve the safety on track and for the fans, we are now faced with a new challenge in 2025: improving the quality and quantity of hospitality offerings. With this goal in mind, we are already working to keep ahead of the standards required by modern Formula 1.
    Angelo Sticchi Damiani, President of the Automobile Club d’Italia.

  • 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.