‘Driving in the Monte Carlo GP is like riding a bike around your living room.’– Nelson Piquet.
As F1 cars are even more extensive in size, it is clear they have outgrown the famous streets.
Monaco has so much history, but, alas, everything evolves.
Making drastic changes to the circuit would be hugely expensive and logistically very difficult, and there is no guarantee that the racing would improve.
In addition, Liberty Media is anticipating an increase in the organisers ‘Hosting Fee’.
Evidently, Monaco pays $20 million per season.
Compared with the Middle Eastern tracks that pay more than $50 million annually.
Monaco’s three-year deal expires in 2025.
However, the Monaco Grand Prix is considered one of motorsport’s most prestigious events.
Winning the Monaco GP is considered a significant achievement for drivers, often regarded as a highlight of their careers due to the race’s difficulty and historic value.
The Monaco GP is one of three components of the unofficial Triple Crown of Motorsport, which also includes the Indianapolis 500 and the 24 Hours of Le Mans.
And, of course, its glamour attracts a high-profile throng, including celebrities, royalty, and the wealthy elite.
F1 management is looking further afield at potential markets in Asia, possibly at the expense of Europe,
The FIA’s thinking may be tempered by the advent of the ‘Green’ attitude towards long-distance travel, particularly as 9 out of the 10 teams are based in Europe.
The Monaco GP is celebrated for its rich history, technical challenges, unique sport, and high society blend.
Making it one of the crown jewels of the Formula One calendar.
As Martin Brundle famously said, ‘In Monaco, you need a touch of madness to succeed. And a lot of luck to survive.’
