F1 News
'GP Monaco must meet the same commercial conditions as everyone else'
- GPblog.com
Traditional Formula 1 races are under pressure. With increasing interest in Arab countries and the United States, where big money is paid to host a Grand Prix, more and more historic circuits are disappearing from the calendar. Even the Monaco Grand Prix is said to be in danger, but McLaren CEO Zak Brown believes the sport is "bigger than Monaco.
Brown stresses that Monaco must move with the times, as he believes the Grand Prix is no longer essential to Formula One. By this he refers, among other things, to the lower rate that the organization pays in Monte Carlo, but also to the circuit itself. According to Brown, that has long been unsuitable for modern cars.
Does Monaco need to modernise?
Monaco has always been the 'glamorous' race on the F1 calendar, but with the arrival of venues like Miami, Las Vegas and Singapore, it is no longer the only one with that status, according to the McLaren boss. He therefore believes it is time for the circuit to make the necessary changes, both technical and commercial.
"I think Monaco should meet the same commercial conditions as other Grands Prix," the American states according to MotorsportMagazine.com. "I'd rather have Monaco than not, but the sport is bigger than a single Grand Prix."
The Monaco Grand Prix was first organized in 1929. In 1950, the race was held in the first season of the Formula One Championship. In 2020, due to the corona pandemic, the race was not run, the first time since 1955.