Monaco GP secures 10-year F1 deal

The Monaco Grand Prix will remain on the calendar for the next decade after securing a new 10-year deal with Formula 1 supremo Bernie Ecclestone.The iconic Monte Carlo street race, won by Red Bull's Mark Webber in 2010, will next be held on 29 May in 2011. Ecclestone previously suggested F1 did not need Monaco, saying: "We can do without Monaco, they don't pay enough." But Ecclestone met Automobile Club de Monaco president Michel Boeri in London and agreed the new deal. The Monaco Grand Prix dates back to 1929 and the new deal will ensure F1 returns to Monaco every year until 2020.

Date published : 28 Jul 2010 - 17:57:07




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