Monaco Grand Prix Extends F1 Contract to 2031

The iconic Monaco Grand Prix will remain on the Formula 1 calendar until at least 2031 following the signing of new contract between F1 and the ACM.

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Formula 1’s most iconic race is set to remain on the calendar until at least 2031. The signing of a new six-year contract extension between Formula 1 and the Automobile Club of Monaco (ACM) means that the Monaco Grand Prix will continue to be held annually.

The Monaco Grand Prix is one of Formula 1’s oldest races. Circuit de Monaco is one of only four circuits still raced on today which appeared on the schedule in F1’s inaugural season – the others being Silverstone, Monza and Spa-Francorchamps. Monaco joins Silverstone as the second circuit at which F1 will race in nine different decades. The British track signed a new contract with Formula 1 through to 2034 back in February.

Monaco has had an almost continuous presence on the F1 calendar since 1950. Although it was held as a sports car race in some seasons in the early 1950s, F1 visited Monaco in every season from 1955 until 2019. The 2020 race was cancelled due to the coronavirus pandemic. The 2024 running of the Monaco Grand Prix was the 70th time that the race had appeared on the Formula 1 calendar. It was won by Monegasque driver Charles Leclerc.

A New Date For the Monaco Grand Prix

The Monaco Grand Prix’s future had previously been under scrutiny. The ACM signed a new shorter-term contract with F1 in September 2022, securing the race’s place on the schedule until 2025.

It is believed that race organisers made certain compromises to remain on the schedule when the last contract was signed, including paying a larger hosting fee, relinquishing control of broadcast production to FOM (Formula One Management) and following stricter rules on track-side advertising.

There has been another compromise under the latest contract, this time concerning the date on which the race takes place. Traditionally, the Monaco Grand Prix is held on the final weekend of May. That will not be the case from 2026. Under the new contract, the Monaco race will take place on the first full weekend in June from 2026 onwards in order to allow Formula 1 to create a more logistically-optimised calendar. It is suggested that the move will allow Grands Prix in Miami and Montreal to take place on successive weekends in early May.

The date change means that two of world motorsport’s legendary races – the Monaco Grand Prix and the Indianapolis 500 – will no longer be held on the same day.

Speaking about the new deal, Formula 1 CEO Stefano Domenicali said:

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.”

Could F1 Soon Race on 28 Different Tracks?

Monaco’s new contract extension ensures that the Monaco Grand Prix will not be one of several races which will partake in the heavily rumoured calendar rotation scheme, which Formula 1 will reportedly announce “very, very soon”.

It is suggested that a number of current races will be held every two years on a rotational basis in order to allow F1 to visit new territories. Races in Belgium and the Netherlands are believed to be two such events which may begin appearing on a biennial basis.

McLaren Team Principal Zak Brown has suggested that as many as four rounds may become rotational slots, allowing F1 to visit up to 28 different venues on a regular basis. Brown says that the current 24-race limit is the maximum which F1 can feasibly host per year.

2025 Monaco Grand Prix Tickets on Sale Now

Tickets for the 2025 Monaco Grand Prix are already on sale. Scheduled to take place on May 23-25, a good range of weekend and single-day grandstand seats and general admission passes are currently available in our ticket shop. Ticket packages from F1 Experiences, F1’s official ticket package partner, are also recommended.

Learn more about buying tickets for the Monaco Grand Prix in our ticket buying guide.

Are you happy to see the Monaco Grand Prix remain on the F1 calendar? Leave a comment below!

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