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 with the Automobile Club of Monaco (ACM) that runs through the 2025 season.

Renowned as one of the most famous sporting events in the world and one of the ultimate tests of concentration and skill for Formula 1 drivers, the Monaco Grand Prix featured on the first Formula 1 World Championship calendar in 1950 and has been ever-present since 1955.

Located on the banks of the French Riviera, drivers must navigate the scenic streets of Monte Carlo, tackling the slowest corner on the Formula 1 circuit, the Loews Hairpin, and the iconic Casino Square and Swimming Pool sections.

Five of the current driver lineup stand alongside legends including Ayrton Senna, Alain Prost, Michael Schumacher, and Niki Lauda in having triumphed around the 3.3km circuit. Fernando Alonso, Lewis Hamilton, and Max Verstappen have all won multiple times, alongside Sergio Perez and hometown hero Charles Leclerc – who created history this year when he became the first Monegasque to win the Grand Prix in Formula 1 history.

As Formula 1 experiences significant growth around the world, the appeal of the Monaco Grand Prix continues to be felt. The 2024 Grand Prix weekend was watched by a cumulative audience of over 70 million fans and was the most-watched edition of the race in US history, and the third most-viewed F1 race of all time in the US.

With this agreement, the Automobile Club of Monaco, in coordination with the Principality, has made a significant commitment to Formula 1’s sustainability endeavors and its ambition to create a calendar that is sustainable for all stakeholders. From 2026, the Monaco Grand Prix will be contested on the first full weekend in June each year.

The 2025 Monaco Grand Prix will take place next year from 23-25 May and will mark the 75th anniversary of the race’s official F1 debut.

Stefano Domenicali, President and CEO of Formula 1

“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 that 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.”

Michel Boeri, President of the Automobile Club of Monaco

“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 unrivaled, 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.”