Formula 1 extended a contract with the Monaco Grand Prix for six more years on Thursday. The famed city circuit will stage F1 till 2031. “I’m delighted,” F1 chief executive Stefano Domenicali said. “The streets of Monte Carlo are unique and a famous part of Formula 1,

Monaco appeared on the first F1 world championship calendar in 1950, and has been held in all but five years since then, gaining a reputation as one of the most challenging tracks on the calendar due to its tight street course configuration.