F1 »

Monaco signs new ten-year F1 deal

F1 to remain in Monte Carlo after extended deal signed for the Monaco Grand Prix
The Monaco Grand Prix will remain on the F1 schedule for at least the next ten years after the signing of a new contract to keep the race on the calendar.

Commercial rights holder Bernie Ecclestone revealed earlier this month that the future of the event wasn't as secure as many believed.

There has long been talk that, while other circuits struggle to raise the finances needed to host an event, Monaco doesn't pay an annual fee to Ecclestone's Formula One Management Group - with speculation that it could lose its play on the calendar if that didn't change.

Indeed, Ecclestone was quoted in the Independent earlier this month as suggesting that 'we can do without Monaco' as they 'don't pay enough'.

However, despite a number of other nations waiting in the wings, Ecclestone has now agreed a new deal with the Automobile Club de Monaco to run for ten years from 2011 onwards.

The date of the 2011 race has also been confirmed as 29 May.



Related Pictures

Click on relevant pic to enlarge
Race, start
Race, start, Sebastian Vettel (GER), Red Bull Racing, RB6
Race, Felipe Massa (BRA), Scuderia Ferrari, F10
16.04.2017 - Race, Zak Brown (USA) McLaren Executive Director and Bernie Ecclestone (GBR)
16.04.2017 - Race, Zak Brown (USA) McLaren Executive Director and Bernie Ecclestone (GBR)
16.04.2017 - Race, Bernie Ecclestone (GBR) and Zak Brown (USA) McLaren Executive Director
16.04.2017 - Race, Bernie Ecclestone (GBR)
16.04.2017 - Bernie Ecclestone (GBR), President and CEO of FOM and his wife Fabiana Flosi (BRA)
16.04.2017 - Bernie Ecclestone (GBR), President and CEO of FOM and his wife Fabiana Flosi (BRA)
16.04.2017 - Mr Ecclestone
16.04.2017 - Bernie Ecclestone (GBR) and his wife Fabiana Flosi (BRA)
16.04.2017 - Fabiana Flosi (BRA), Wife of Bernie Ecclestone
15.04.2017 - Qualifying, Bernie Ecclestone (GBR) and Flavio Briatore (ITA)
15.04.2017 - Qualifying, Bernie Ecclestone (GBR) and Flavio Briatore (ITA)
14.04.2017 - Free Practice 2, Bernie Ecclestone (GBR)
14.04.2017 - Bernie Ecclestone (GBR) with the media
14.04.2017 - Bernie Ecclestone (GBR)
14.04.2017 - Marcello Lotti (ITA) CEO WSC and Bernie Ecclestone (GBR)

Join the conversation - Add your comment

Please login or register before adding your comments.

Although the administrators and moderators of this website will attempt to keep all objectionable comments off these pages, it is impossible for us to review all messages. All messages express the views of the poster, and neither Crash Media Group nor Crash.Net will be held responsible for the content of any message. We do not vouch for or warrant the accuracy, completeness or usefulness of any message, and are not responsible for the contents of any message. If you find a message objectionable, please contact us and inform us of the problem or use the [report] function next to the offending post. Any message that does not conform with the policy of this service can be edited or removed with immediate effect.




© 1999 - 2017 Crash Media Group

The total or partial reproduction of text, photographs or illustrations is not permitted in any form.