P1racenews AI automatic summary:
The Monaco Grand Prix has been handed yet another contract extension, securing its long-term future on the F1 calendar.
The Monaco Grand Prix has secured another contract extension, solidifying its place on the F1 calendar until at least 2035. This legendary street circuit has been a part of F1 since 1950 and is one of the longest-running circuits in the sport’s history, having run consecutively from 1955 to 2019. Even amid the challenges of the COVID pandemic, Monaco continues to provide memorable moments and excitement for fans. The recent four-year extension indicates F1’s commitment to keeping Monaco as a fixture in the European leg of the schedule. Despite debates on the excitement levels of the race due to narrow streets limiting overtaking opportunities, efforts like mandatory two-stop races aim to add more strategic depth to the competition. Formula 1 CEO, Stefano Domenicali, expressed delight in extending the Monaco GP and thanked key figures for securing the historic partnership’s future, emphasizing the event’s iconic status in motorsport.
