New deal seals Monaco’s place on F1 calendar by way of 2025
The Monaco Grand Prix will stay on the System 1 calendar till not less than 2025 after securing of a brand new race-hosting contract.
The enduring occasion across the streets of the Principality had been beneath menace after this yr’s deal expired with no alternative agreed between F1 and the organizers. Nevertheless, a brand new three-year contract has been signed with the Car Membership de Monaco (ACM) that can preserve the race on the schedule.
“I’m happy to substantiate that we are going to be racing in Monaco till 2025 and excited to be again on the streets of this well-known Principality for subsequent yr’s championship on the twenty eighth Might,” System 1 CEO Stefano Domenicali mentioned. “I need to thank everybody concerned on this renewal and particularly H.S.H. Prince Albert II of Monaco, Michel Boeri, President of the Car Membership of Monaco and all his group. We stay up for being again subsequent season to proceed our partnership collectively.”
Whereas the most recent settlement is comparatively short-term for a longtime occasion based mostly on current extensions, Boeri says he expects it to be the place to begin for additional offers transferring ahead.
“Within the curiosity of the System 1 world championship, and after a number of months of negotiations, we’re proud to announce that we now have signed a three-year settlement with System 1, and more likely to be renewed,” Boeri mentioned. “The 2023 System One Monaco Grand Prix can be held on Sunday twenty eighth Might, 2023.”
Monaco will type the center race of a triple-header that includes Imola and Barcelona on subsequent season’s calendar, as soon as once more happening on the identical day of the Indianapolis 500.