Monaco GP future in Formulation One is safe, 2022 race will happen

Monaco remains to be discussing a brand new contract with Formulation One however the way forward for the showcase race past this 12 months is assured, in line with the pinnacle of organisers the Car Membership de Monaco (ACM).

ACM president Michel Boeri hit again at media stories that Monaco was in peril of dropping off the calendar for monetary causes after 2022.

“It was advised that Liberty Media’s calls for had been too extreme for Monaco and the Grand Prix would not be held,” France’s Auto Hebdo journal quoted Boeri as saying of the stories.

“That is not true. We’re nonetheless in talks with them and we should now make it concrete by signing a contract. I can assure you that after 2022 the Grand Prix will proceed to happen.

“I do not know if the contract can be for 3 or 5 years, however that is a element.”

Monaco featured on the very first Formulation One world championship calendar in 1950 and has lengthy been thought of a jewel within the sport’s crown and a race each driver goals of profitable.

Nevertheless, it now faces competitors from the likes of Singapore, Abu Dhabi, Miami and Las Vegas within the glamour stakes, with some suggesting Monaco must modernise and pay extra to host the race.

McLaren boss Zak Brown told Reuters this month that Monaco “wants to return as much as the identical industrial phrases as different grands prix.”