With great anticipation over the uncertain future in regards to the Monaco Grand Prix coming to an eventual end, it has been announced that the historic race has recently signed a three-year deal to remain on the Formula 1 calendar until 2025.
On Tuesday 20th September, the FIA, Formula 1’s governing body, approved the record-breaking 24-race season, which features the Monaco Grand Prix.
For some time there has been speculation that the race will no longer be able to continue. This, along with other classic European races such as the French and Belgian Grand Prix, the new American owners of the global sport, Liberty Media caused concern for many that the European classics may not continue, and at this time, the Belgian Grand Prix remains on the calendar, but the French Grand Prix will be no longer.
This year, the Monaco Grand Prix will take place on May 28, 2023. As stated in the press release, Formula 1 president and CEO Stefano Domenicali said, “I am pleased to confirm that we will be racing in Monaco until 2025 and excited to be back on the streets of this famous Principality for next year’s championship.”
He continued, “I want to thank everyone involved in this renewal and especially H.S.H Prince Albert II of Monaco, Michel Boeri, President of the Automobile Club of Monaco, and all his team. We look forward to being back next season to continue our partnership together.”
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