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Monaco F1 future questioned, drivers want it to stay
Cities across the globe are clamouring for a Formula 1 race and are willing to pay astronomical fees to land a race, so much so that the demand has put the Monaco Grand Prix, one of F1's marquee events, in jeopardy. Impossible, one would think. After all, F1 is as much part of the tiny principality's image as Grace Kelly and Monte-Carlo's famed casino. The Monaco Grand Prix also forms motorsports' Triple Crown along with the Indianapolis 500 and 24 Hours of Le Mans. While the promoters of Monaco pay F1 a sanctioning fee, it's believed to be nominal and around $15 million annually. Other cities pay closer to $60-million per year. F1 is in the final year of its contract with the Monaco Grand...
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3y ago from GrandPrix247.com
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