Formula One has announced a long-term contract extension with the iconic Monaco Grand Prix, set to run until 2035. This comes months after F1 had previously announced an extension lasting until the 2031 season.

Monaco has been an integral part of F1 since its inaugural round in 1950, and it is one of the most sought-after Grands Prix on the sport’s calendar. The tight turns that run across Monte Carlo as drivers try to make the most of limited overtaking opportunities add to the excitement that Monaco promises, especially on the Saturday.

Announcing the bombshell contract extension that will cement Monaco’s spot on the F1 calendar for a decade, F1 President and CEO Stefano Domenicali said in a statement:

“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.

“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 Royal 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.”

His Serene Highness, Prince Albert II of Monaco, added:

“The renewal of the Monaco Grand Prix until 2035 is in keeping with a sporting and historical tradition to which the Principality remains deeply attached.

“I can only welcome this renewed commitment, which is testament to our collective success, the excellence of our collaboration with Formula 1, and the unique place that Monaco occupies in the international motorsport landscape.”

Michel Boeri, President of the Automobile Club of Monaco, said:

“I would like to extend my heartfelt thanks to His Serene Highness Prince Albert II of Monaco for his unwavering support, as well as to Stefano Domenicali for his continued trust.

“The Automobile Club de Monaco is delighted with this four-year extension, which reflects the strong and enduring relationship between Formula 1 and the Principality of Monaco.

“This agreement reaffirms, more than ever, our commitment to delivering an exceptional, unmatched, and world-renowned race weekend to the passionate fans who travel from all over the globe to attend the Monaco Grand Prix, first held in 1929.

“I would also like to acknowledge the outstanding work of the F1 community and all the volunteers, as well as that of the Monegasque institutions, whose involvement is essential to the success of this extraordinary event.”

The 2025 round of the Monaco Grand Prix saw Lando Norris take victory, followed by local hero Charles Leclerc in second, and Oscar Piastri in third.