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F1 in stand off with Monaco and Spa over future?

F1 in stand off with Monaco and Spa over future?

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The Monaco Grand Prix has been a truly unique event since its debut in 1929. Its contract expires this year, and the race is at real risk of being dropped from next season. 

Sergio Perez won this year’s Monaco Grand Prix (Image Credit: formula1.com)

Monaco has enjoyed a special status on the calendar throughout its tenure and is a race that drivers and fans look forward to each year. Part of its special deal includes a hosting fee that is the lowest of any Grand Prix and its dedicated broadcasting team.

However, the contract for Monaco has now expired, and its special status seemingly lost. Monaco is now locked in a battle for its very survival. If the race is dropped, it would be the most iconic victim to date  F1’s calendar continues to expand.  According to F1i.com, Monaco’s contract negotiations have reached an impasse, with the commercial rights for circuit signage the cause. F1 has a lucrative deal with Rolex, but…

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