F1 Extends Contract With Monaco Grand Prix For Six More Years To 2031

Formula 1 extended a contract with Monaco Grand Prix for six more years on Thursday.

famed city circuit will stage F1 till 2031.

“I’m delighted,” F1 chief executive Stefano Domenicali said.

“ streets of Monte Carlo are unique and a famous part of Formula 1, and Monaco Grand Prix remains a race that all drivers dream of winning.”

Under new deal with Automobile Club of Monaco, starting in 2026, grand prix will be contested on first full weekend in June.

Next year’s race is on May 25 and will mark 75th anniversary of its official F1 debut. Monaco was first raced in 1929.

Ferrari driver Charles Leclerc won this year, becoming first local to win grand prix.

That weekend was most watched edition of race in U.S. history, and third most-viewed F1 race of all time in U.S., F1 said.