Nov.18 - Michel Boeri, boss of the Automobile Club de Monaco, admits he is relieved the fabled street race will survive an expected European exodus from F1.

F1 CEO Stefano Domenicali hints that a new race rotation scheme, where European rounds are expected to have to settle for a grand prix every two years, will be outlined "soon".

Monaco's existing race deal was one of the least lucrative on the current calendar, and Boeri admits negotiations for a new contract through 2031 - which was announced last week - were difficult.

"It was 'I love you, I don't love you'," he told Monaco Info. "The negotiations lasted at least six months.

"The problem was that as soon as we had a verbal agreement, we had to finalise it with a 60-70 page contract, written by American lawyers. It was a battle that went beyond the small clashes we had with Stefano Domenicali, who defended interests that were not mine.

"All that is in the past, it's swept away," Boeri added.

He admits he is particularly relieved Monaco, supposedly to pay double its previous annual race fee in 2026 and beyond, will not be subjected to F1's looming race rotation scheme.

"Compared to other European grands prix, we have a few small advantages, but above all, there is no alternation," said Boeri. "We will be there every year.

"Not only will many other European grands prix disappear, but those that remain will be in this alternation. I believe that with the demand that F1 has today, there will only be two or three grands prix left in Europe, with interest shifting to China and other continents."


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2 F1 Fan comments on “Boeri Relieved Monaco Survives F1's Lucrative Race Rotation Scheme

  1. Jere Jyrälä

    They were never going to start rotating in the first place, given annual hosting is the only economically viable way for all fully temporary circuits to cover the build-up process costs, so either annually or not at all.
    The last paragraph is interesting, though. Boeri seems confident that European presence would be very limited in the long term, so maybe he knows something.

  2. smokey

    The Monaco Grand Prix is a great cure for insomnia! Qualifying is the most interesting and exciting event held in Monaco.
    Must be good negotiators for the principality! Or maybe some unmarked envelopes changed hands under the table!
    IMO the key Grands Prix for Europe are Monza, Spa, Silverstone and Barcelona, which should all be held every year. The more recent additions should be the ones to alternate. Do we really need 5 races each year in the Middle East and 4 in North America?


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