Formula 1 has extended its partnership with Monaco’s iconic street circuit on the F1 calendar until 2031, thanks to a new six-year extension of its agreement wi

Formula 1 is known for high-end hospitality, and hotels have taken the Las Vegas Grand Prix to new heights with some rooms going for as much as $20,000 a night. High-rollers are in for a treat as hotels hope to woo celebrities and multimillionaires with entertainment packages and a weekend filled with champagne, fine dining and more.

For over 70 years the Monaco Grand Prix has been one of the signature events no only of Formula 1 racing, but of professional racing in general. This week Formula 1 took a step to ensure that the Monte Carlo track remains a part of the racing calendar for years to come.