Monaco Grand Prix to remain on Formula 1 calendar until 2025

F1 first raced at Monaco in 1950 (Photograph: Getty)

The Monaco Grand Prix’s short-term future has been secured after organisers signed a brand new three-year contract with System 1.

The world-famous race will stay on the calendar till 2025 having been a close to ever-present because the sport’s inaugural season in 1950.

There have been fears that it could lose its place on the fixture checklist given problems surrounding broadcasting rights and the practicality of racing fashionable F1 automobiles on the notoriously tight and twisty avenue circuit.

Although an iconic observe, the shortage of overtaking alternatives implies that the race is commonly thought-about the least-entertaining of the season, with followers turning into more and more much less keen on the occasion.

However, it stays an important a part of the game’s heritage and a favorite amongst drivers, forming one a part of motorsport’s Triple Crown, alongside the 24 Hours of Le Mans and the Indianapolis 500.

‘I'm happy to verify that we'll be racing in Monaco till 2025 and excited to be again on the streets of this well-known Principality for subsequent 12 months’s Championship,’ mentioned F1 CEO Stefano Domenicali.

‘I wish to thank everybody concerned on this renewal and particularly H.S.H. Prince Albert II of Monaco, Michel Boeri, President of the Car Membership of Monaco and all his crew.

Sergio Perez gained the 2023 Monaco Grand Prix for Crimson Bull (Photograph: Getty)

‘We sit up for being again subsequent season to proceed our partnership collectively.’

Boeri added: ‘Within the curiosity of the System One World Championship, and after a number of months of negotiations, we're proud to announce that we have now signed a three-year settlement with System One, and prone to be renewed.’

The announcement of the brand new deal was made on Tuesday to coincide with the reveal of the 2023 F1 calendar which contains a record-breaking 24 races.

Whereas the French Grand Prix has been dropped, the game will likely be returning to China, Qatar, and Las Vegas.

The 2023 Monaco Grand Prix is at the moment slated to be the eighth spherical of the season and will likely be held on twenty eighth Might.

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