Monaco will remain part of the F1 calendar, but the price of tickets will increase tremendously. How much will you pay?

Will Formula 1 lose the famous and iconic Monaco Grand Prix? This was the question that was asked not only by the entire F1 paddock, but also by the fans themselves and, in fact, by everyone who has anything to do with the queen of motorsport. And now, apparently, we know the answer. Monaco should remain on the calendar for next season at least.

The Monaco Grand Prix has been part of the Formula One calendar since the official start of the World Championship, in 1950. However, the first motorsport race was held here in 1929.

During that time, the race in the Principality of Monaco has indeed offered much, even one negative record. In 2003, in fact, we fans didn’t see a single overtake in the entire race, which just goes to show how difficult overtaking is in Monaco.

This was not the only reason why this iconic race was decided for a long time. But now it looks likely to remain on the calendar for 2023 at least.

However, the future of the Monaco Grand Prix has been unclear, mainly because this was the year that the race’s contract ended, and many were left wondering only one thing. Is the Monaco Grand Prix really such an attractive enough race to remain on the Formula 1 calendar?

Under the current terms, the circuit has retained the broadcast rights and also all sponsorship revenue associated specifically with the Monaco Grand Prix. This is what has led to the conflict of interest between the official F1 partner, Rolex, and the Monaco sponsor TAG Heuer.

However, based on the latest information, this has been rectified and all parties involved should therefore be ready to continue their cooperation in the years to come. Moreover, according to Racing News 365, there is already a date for the Monaco Grand Prix.

Next year, the drivers will take part in the Monaco event on the weekend of 25-28 May 2023.

Increase in entry fee

The Monaco Grand Prix will become more expensive for fans in the future as the new terms and conditions will see ticket prices increase by up to 30% year-on-year.

In the past, the circuit offered so-called “silver” and “gold” packages, which corresponded to the individual grandstands. For 2023, however, the organisers will only offer the second option.

Fans who buy tickets for the Casino Grandstand (turn 4) will now pay almost €1,400 for a three-day ticket, compared to €1,050 this year.

The cheapest weekend grandstand ticket will cost 700 euros, for a seat on the start or finish straight.

F1, Racing News 365