P1racenews AI automatic summary:
Explaining the details of why so many F1 drivers live in Monaco
Nearly half of the current F1 grid resides in Monaco, including top drivers like Lewis Hamilton and Max Verstappen.
The Monaco Grand Prix is a short commute for these drivers from their luxurious homes in Monaco.
Other F1 drivers living in Monaco include Charles Leclerc, Lando Norris, George Russell, Valtteri Bottas, Nico Hulkenberg, and Alex Albon.
Mercedes boss Toto Wolff is also a high-profile resident of Monaco.
The exact locations of the F1 drivers’ homes in Monaco are kept top secret, but the principality is known for its elite residents and tax advantages.
Monaco’s population is around 40,000, with a quarter of its residents being born there, like Ferrari’s Charles Leclerc.
The allure of Monaco for F1 drivers lies in its tax benefits, high level of security, convenient travel options, and excellent weather with 300 days of sunshine annually.
