Formula One wants a more logical flow of races based on regions. This year's Monaco Grand Prix was watched by a cumulative audience of more than 70 million fans, according to Formula One, and in the United States was the third most watched F1 race of all time.

Monaco will continue to host Formula 1 races until at least 2031 after a new six-year deal was agreed. One of the sport's most iconic and prestigious races, the Monaco Grand Prix has hosted races every year since 1955, other than during the Covid-affected 2020 season.

Formula 1 has extended a contract with the Monaco Grand Prix for six more years. The famed city circuit will stage F1 till 2031.