The Monaco Grand Prix will remain part of the Formula 1 World Championship for the next three years.
The 2022 Grand Prix won by Red Bull’s Sergio Perez has since expired. There were fears that a new settlement would not be available to keep F1’s most famous event on the calendar for 2023 and beyond.
Four months later, Monaco’s GPN ended in 2015. It is scheduled to last until 2025. The new deal was confirmed after the FIA announced it had approved the 2023 F1 calendar, including the Monte-Carlo race.
Monaco will therefore continue its spectacle program, uninterrupted since 1955, with the exception of the 2020 event, which was canceled due to the Covid-19 pandemic.
“I am delighted to confirm that we will be racing in Monaco until 2025 and to be the champion on May 28 next year on the streets of this famous capital,” said F1 CEO and President Stefano Domenicali.
“I would like to thank everyone involved in this renewal and in particular HSH Prince Albert II of Monaco, Michel Boerin, President of ACM and all their team. We look forward to coming back next season to continue our partnership.”
The Monaco GP will be the eighth round of the 2023 F1 season. It will be the second race in three consecutive weekends, following the race at Imola and preceding another race at the Sector de Catalunya.
ACM President Michel Boeri said: “In the interest of the F1 World Championship and after several months of negotiations, we are proud to announce that we have signed a three-year agreement with F1, with a possible renewal.”
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