Formula 1’s Monaco Grand Prix will remain on the calendar until 2035 after signing a fresh four-year contract extension with commercial rightsholder FOM.
The agreement is the second contract extension for Monaco in less than 12 months after organiser Automobile Club of Monaco had already hammered out a deal with F1 last November.
That initial deal ensured Monaco would stay on the calendar beyond 2025, with the promoter understood to be paying FOM a significantly higher sanctioning fee as part of a package of concessions.
The new four-year extension serves to further cement F1’s traditional crown jewel as a staple of the European F1 calendar as part of FOM’s preference for long-term deals in key markets.
“The streets of Monaco have been echoing with the sound of Formula 1 since the earliest days of the sport, so I’m delighted to announce the extension of this fantastic event to 2035,” said F1 CEO Stefano Domenicali.
“It is an iconic race that is loved by all drivers and fans, with a unique vibe thanks to its location on the world’s most glamorous Principality. I would like to say a special thank you to His Serene Highness, Prince Albert II of Monaco, Michel Boeri, President of the Automobile Club of Monaco and everyone involved in securing the long-term future of this historic partnership.”
McLaren fans watch from a balcony during the F1 Grand Prix of Monaco
Photo by: Glenn Dunbar / Motorsport Images
The Monaco GP will change dates next year, having agreed to move from its traditional end-of-May date to the first weekend of June.
That means it will no longer clash with the Indianapolis 500, which has now been pitted against Montreal’s Canadian Grand Prix instead.
Monaco’s place on the calendar had increasingly been called into question in recent years, given its notorious struggles to provide an entertaining race on the tight streets of the principality.
This year’s running of the race was marked by a divisive experiment to run three tyre compounds to spice up the race. At the moment the FIA’s intention is to continue forcing two pitstops in 2026, but it is open for other suggestions from the teams.
The Monaco GP featured on the first F1 world championship calendar in 1950, and has been a regular fixture since 1955.
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