The Monaco Grand Prix will continue to feature on the Formula 1 calendar until 2031, as confirmed by the series.
Recognized as one of the most prestigious events in the F1 calendar, Monaco’s contract was due for renewal following the 2025 edition.
Despite concerns regarding the event’s ability to deliver consistently thrilling races on the narrow streets of Monte Carlo, F1 and the Automobile Club of Monaco have successfully negotiated a deal that secures the race’s place on the calendar for an additional six years.
Under the terms of the new agreement, Monaco will shift its traditional race date from the end of May to the first weekend of June starting in 2026.
This adjustment ensures it will no longer coincide with the Indianapolis 500.”I’m delighted that Formula 1 will continue to race in Monaco until 2031,” said F1 CEO Stefano Domenicali. ”
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.”
To retain its position on the calendar, Monaco has reportedly agreed to a significantly increased sanctioning fee.
However, the commercial viability of the event has been bolstered by Formula 1’s recently announced partnership with luxury goods giant LVMH.
As part of this agreement, TAG Heuer will replace Rolex as F1’s official timekeeper starting next year.
TAG Heuer, a long-time sponsor of the Monaco race, will now align its branding with F1’s, resolving a key issue from previous contract negotiations where conflicting sponsorships presented challenges.
The Monaco Grand Prix has been a part of the F1 World Championship calendar since its inaugural season in 1950 and has been a permanent fixture since 1955.
It is understood that F1 has accepted Monaco’s unique constraints, and the iconic 3.3km circuit layout within Monte Carlo’s harbor area will remain unchanged throughout the duration of the new deal.
