Monaco GP Secures Spot on F1 Calendar Until 2031 with New Deal

TL;DR Summary
The Monaco Grand Prix has secured its place on the Formula 1 calendar until 2031 with a new multi-year contract extension, despite recent concerns about its future due to the circuit's narrowness and competition from new street circuits. The extension emphasizes Monaco's historical significance and its commitment to sustainability, with changes to the race schedule and timing. F1 CEO Stefano Domenicali and Monaco officials expressed their enthusiasm for the continued partnership, highlighting the race's global appeal and viewership.
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