Monaco Grand Prix’s long-term future resolved with F1 extension until 2031

  • Race remains on F1 calendar after six-year deal agreed
  • Contest has been part of motor sport scene since 1950

Formula One’s iconic Monaco Grand Prix will remain on the calendar until at least 2031 after a six-year extension was announced on Thursday, with a date change to June that also avoids future clashes with the Indianapolis 500.

The race around the streets of Monte Carlo was part of the first world championship season in 1950 and has been present since, with the exception of 2020 during the global pandemic.

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Superyacht linked to sanctioned Russian oligarch Igor Kesaev on sale for £26m

Brokers in Monaco told it is ‘strictly prohibited’ to advertise sale of MySky on print or the internet

A superyacht built for an oligarch subjected to sanctions over the supply of weapons to the Russian army is being discreetly offered for sale for £26m, with buyers advised that any viewings will be in the Maldives in the Indian Ocean.

Brokers are being warned that the sale of MySky, built for Igor Kesaev, should not be advertised online. The vessel’s latest recorded location was in a marina on a small island four miles south of Malé, the capital island of the Maldives.

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World’s richest celebrate end of summer at €4bn Monaco yacht show

Number of billionaires interested in superyachts said to have grown despite Russia sanctions and global economic crisis

“Change the TV channels now,” the captain of a $95m (£85m) Albatross superyacht calls out to a deckhand. “That guy has probably lost two mil in the last two minutes and we’re trying to convince him to drop 95.”

“That guy” is a prospective buyer of the 72-metre long vessel floating in Monaco’s Port Hercules where the world’s richest people (and their entourages) have gathered this week for the annual yacht show. With more than €4bn (£3.5bn) worth of marine luxury on display, it is as brokerage firm Burgess puts it: “The chicest way for billionaires to celebrate the end of summer”.

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Chanel’s Monte Carlo cruise show pays homage to racing and casinos

Fashion company targets social media audience with playful details and slick Coppola video trailer

The jet-set catwalk show is back, with its sunny backdrops and international front row. But the new world order is complicating the seating plan.

At Chanel’s first fashion show outside France since the pandemic, the Monte Carlo beachfront played catwalk to a pageant of supermodels dressed in light-hearted tribute to grand prix glitz. The 67 models wore racing-driver jumpsuits tailored in pastel tweeds and gold lamé, and helmets emblazoned with No 5.

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