Monaco Formula 1 Grand Prix Promoter “guarantees” Race’s Future In Face Of Axe Rumours 

Last Updated on 16 Apr 2022 3:21 pm (UK Time)

Michel Boeri, President of Monaco Grand Prix promoter Automobile Club de Monaco (ACM), has stated that he “guarantees” the race will proceed to characteristic on the Formula 1 calendar for years to return. 

Made forward of Monaco’s conventional pre-race assembly, Boeri’s feedback come at a time by which Formula 1 homeowners Liberty Media are stated to be planning to shake up the game’s calendar, placing the occasions at a few of its historic circuits in danger. 

“I want to allude to what we have read in the press where we are talking about difficulties after this 2022 edition, that is to say from next year, to continue to organise Grands Prix,” Boeri stated on the assembly.

“People have talked about supposed difficulties after this 12 months to stage Grand Prix races, with Liberty’s value calls for stated to be an excessive amount of for Monaco and that our GP can be no extra.

“We are still in discussions with them, and we must now concretise by signing a contract, [but] I can guarantee you that after 2022, the Grand Prix will continue to take place.”

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Formula 1 set for enlargement?

The F1 calendar has already been reshaped considerably since Liberty Media accomplished its acquisition of the racing sequence in 2017. 

This 12 months’s championship will see the game’s groups race at a report 23 totally different circuits, and occasions are being added to the longer term calendar on a regular basis, with a new Las Vegas Grand Prix being confirmed for 2023 simply final month. 

However, following an interview with Sky Sports, by which Formula 1 Group CEO Stefano Domenicali claimed that the sequence may race at as much as 30 venues in future, rumours started to flow into about which occasions could possibly be scrapped to make room for brand new arrivals. 

“On top of America, on top of China, I think there is a potential also to be in Africa soon,” Domenicali stated of Formula 1’s enlargement alternatives. “There is a lot of interest there. For sure that’s another area that so far is missing in the geography of our calendar.”

“I would say there is potential to go to 30! In terms of the interest we see all around the world,” he added. “It is up to us to try to find the right balance considering what are the venues which would like to be in F1, what are the historical values we need to see on the calendar.”

The feedback reportedly precipitated a stir within the F1 paddock, and led to hypothesis that the Monaco Grand Prix, typically cited because the ‘jewel in the Formula 1 race calendar,’ could possibly be getting ready to getting axed. 

However, Boeri has now put these claims to mattress, describing them as “false,” and revealing that ACM is in reality nonetheless in negotiations with the potential to safe the race’s place within the championship for as much as 5 extra years. 

A render of what the Las Vegas Formula 1 Grand Prix will look like in 2023. Image via Formula 1.

Rumours and raceability points 

Speculation that the Monaco Grand Prix is in hassle has been exacerbated by current feedback made by McLaren CEO Zak Brown, who informed PlanetF1 final month that it must “up its game” to stay on the calendar. 

“I think Monaco needs to come up to the same commercial terms as other Grand Prix and also maybe needs to work with ways they can adapt their track because as our cars have become bigger, the racing has become more difficult,” defined Brown. 

“You need to take history into consideration, but then I think you need to take into consideration ‘how is the show it puts on?’” he added. 

Brown isn’t the primary to criticise the leisure offered by racing on the historic circuit, and ESPN reported that after final 12 months’s occasion featured simply two overtakes, F1’s management was open to altering its structure. 

Following the race, Formula 1’s Managing Director of Motorsport Ross Brawn stated: “It’s a brilliant event, but we all know the limitations of the track.”

“We’ll take a look,” he added. “But it won’t be the first time someone has taken a look at doing something like that and no one has come up with a solution so far.”

With the present Concorde Agreement (in place till 2025) limiting the race calendar to 24 occasions, Monaco isn’t the one Grand Prix stated to be on the verge of being scrapped.

Amid contemporary reviews that Formula 1 can also be set to return to South Africa, it’s now rumoured that the French and Belgian races could possibly be subsequent within the firing line.

So do you assume that historic circuits must be retained rather than new occasions? Does the Monaco Grand Prix require a revamp? and is 30 races simply too many? Let us know within the remark part under.

A sign at Monaco's Formula 1 Grand Prix circuit. Photo via Automobile Club de Monaco.

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