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Monaco signs 10-year GP deal

Date published : 28 Jul 2010 - 20:15:58

Monaco has secured its place on the Formula 1 calendar until 2020 after signing a new 10-year deal with Bernie Ecclestone.The F1 impresario recently raised the stakes in the contract negotiations by declaring that the sport could do without its most prestigious event, but there was never any serious possibility of the harbourside street race being dropped.Ecclestone agreed the deal with Michel Boeri, president of the Automobile Club de Monaco, at a meeting in London today (Wednesday).After being moved forward slightly in the 2010 calendar from its usual late-May slot, the Monaco Grand Prix will take place on a more typical of date of 29 May next year.


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