Formula 1 signs six-year deal to keep Monaco Grand Prix with new June date
Formula 1 has signed a new six-year deal to keep the Monaco Grand Prix on the calendar until 2031. The race, a staple since 1955, will now take place on the first full weekend in June starting in 2026, instead of late May. The new contract is worth £25 million per year. While the circuit's layout remains unchanged, F1 aims to enhance sustainability as it works towards a net zero carbon target by 2030. The 2025 race will mark the 75th anniversary of the event's debut in F1. The agreement reflects a strong partnership between Formula 1 and Monaco, emphasizing the race's significance in the sport.