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P1racenews AI automatic summary:
Monaco has joined the list of host venues to secure its long-term future.
The Monaco Grand Prix has secured its long-term future on the F1 calendar by reportedly doubling its financial commitment. The contract extension was finalized this week by F1 CEO Stefano Domenicali, Automobile Club de Monaco head Michel Boeri, and Prince Albert. As part of the deal, the race will shift from its traditional May slot to the first weekend in June starting in 2026. This new six-year agreement will ensure the Grand Prix’s place on the calendar through 2031. The meeting between the key stakeholders ensured the continuation and evolution of this iconic event in the world of motorsports.
