Monaco F1 Grand Prix official denies race is on the chopping block
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- The additions of Formula 1 races in Miami in 2022 and Las Vegas in 2023 could crowd out some traditional races from the calendar.
- F1 and its teams have pledged to limit the calendar to 24 races.
- The Monaco Grand Prix was part of the inaugural Formula 1 World Championship calendar in 1950.
According to the chairman of the race’s organizing committee, any speculation that the future of Monaco’s Formula 1 is at risk is nonsense.
The Monaco Grand Prix is one of racing’s most historic events and was first held on the streets of the principality in 1929. It was part of the inaugural Formula 1 World Championship calendar in 1950 and was ubiquitous for over six decades until its absence in 2020 due to the pandemic.
Monaco is back for 2021 and will occupy its usual place on May 29. The long-term fate of the race, however, is said to be the subject of discussion as Formula 1 continues to explore new territory.
This year’s Formula 1 calendar is set to feature 23 Grands Prix, with an as-yet-unannounced race to replace Russia’s place on the 2022 calendar. Next season Las Vegas will join, Qatar begin a 10-year contract, while China is expected to return subject to the country’s COVID status and protocols.
There had been suggestions that the Monaco race could be in jeopardy for a number of reasons.
As Formula 1 cars get bigger and heavier, it makes it impossible to race the streets of Monaco, leading to a Sunday procession. Another issue is that Monaco itself also pays a modest race fee. Monaco also have atypical advantages, including control of some paddock club facilities, which negatively impact Formula 1 revenue. Monaco also controls some of its own trackside sponsor billboards .
However, the president of the Automobile Club de Monaco (ACM), organizers of the Monaco Grand Prix, has dismissed speculation that Formula 1 could be left out of the F1 calendar after 2022.
“I want to refer to what we have read in the press, where difficulties are mentioned after this 2022 edition, that is to say from next year, to continue to organize Grands Prix”, Michel Boeri is quoted by La Gazette de Monaco, in quotes shared by the ACM itself.
“It was understood that the prices asked by Liberty Media were too excessive for Monaco, and that the Grand Prix would no longer be done. It’s wrong. We are still in discussions with them and now we have to make them a reality by signing a contract. I can guarantee you that after 2022 the Grand Prix will continue to take place. I don’t know if the contract will be for three or five years, but that’s a detail.
Monaco will align itself with the rest of Formula 1 events this year by holding its practice sessions on Fridays. The Grand Prix previously held the first two sessions on Thursday, part of a historic hangover that has become a tradition, which meant Friday was a rest day. This effectively led to a five-day weekend, with a media build-up ahead of the event held on Wednesday, but it has now been shortened to reduce time away from paddock staff.
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