The Formula 1 Monaco Grand Prix will continue through 2031, with an early six-year contract extension signed by the organization. Despite criticisms regarding the track’s lack of overtaking opportunities and its overall excitement, the race has been a staple since its inception in 1950. Beginning in 2026, the event will shift from its traditional May date to the first full weekend of June, when fans can anticipate a unique blend of heritage and challenge in this iconic motorsport venue.