Formula 1 will continue to race in Monaco until at least 2031 after the series signed a new agreement with the promoters.
However the event will move out of its traditional late-May slot when its new six-year deal begins in 2026.
Next year’s Monaco Grand Prix will be the last to take place in the final weekend of May. From 2026 F1 will visit the principality in the first week of June.
The slight change in date is significant as the promoters have long preferred the last weekend in May for the race. But by moving it back by a week, F1 should have the option of running its races in Miami and Montreal back-to-back.
This would allow it to reduce the amount of transatlantic travel required by the teams and significantly reduce its carbon emissions.
Formula 1 CEO Stefano Domenicali said the new deal “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.”
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The Monaco Grand Prix is one of F1’s most famous and enduring races. It was part of the original world championship calendar in 1950, and featured in every season since 1955, except for the Covid-affected 2020 schedule. Despite changes to several of its corners through the decades, the Monte Carlo Street Circuit still fundamentally follows the same route it did for its first ever race in 1929.
The event has long been criticised for being ill-suited to modern Formula 1 due to the minimal overtaking opportunities offered by the narrow streets. This year’s race was marred by an opening red flag stoppage which allowed all drivers to change tyres and resulted in 76 laps with zero position changes among the top 10 drivers.
Ferrari driver Charles Leclerc became the second Monagasque driver to win his home grand prix, and the first to do so in the world championship era, this year. He emulated Louis Chiron, who won the third running of the race in 1931.
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