F1 preview: A lap of the Monaco Grand Prix
The Monaco Grand Prix could be axed from the F1 calendar within years and the sport’s owners have been accused of chasing payouts. Michel Boeri, the president of the Automobile Club de Monaco (ACM), said the “strength of the offer” was all that matters to F1 owners Liberty Media.
He warned Monaco’s bid for a race would be “dead” if another country offered more money to host a Grand Prix. He told French newspaper L’Equipe: “What matters is the strength of the offer, not the duration for the Americans.
“If a Middle Eastern country puts ten times more money on the table than us, we’re dead, like all the GPs in the world. We may have been one of the cradles of motorsport, but we will be out.”
The Principality was handed a new three-year deal last year despite negotiations going right to the wire. The ACM was understood to be clashing with F1 bosses over a range of issues including TV coverage of the event.
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The battle led Prince Albert to directly intervene in the talks in a bid to save the race. A contract to extend the Grand Prix was finally agreed in September, three months after the 2022 edition.
Last week it was confirmed F1 will control the television coverage for the first time in what appears to be a concession. Boeri told Monaco-Matin: “Monaco tries to offer a sporting spectacle that others may not have. If the bosses of the circus do not feel this subtlety, it is obvious that we are dead.
“But if they are not too obsessed with an ideology, it is certain that Monaco has its place in the world championship. It’s a special moment.”
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Last year, F1 boss Stefano Domenicali stressed bosses were “excited” to confirm Monaco on the calendar. However, he has previously highlighted historic venues cannot rely on previous success to secure a slot on future calendars.
He explained: “To be arrogant and believe that you have a granted future because you had a race since 100 years, to be very honest is not enough.
“I think in this moment everyone is understanding that, and we are not playing any games, we are very transparent with them, we are saying if they want to be in the calendar they need to be doing the things we believe is right for them and also for us as F1.”
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