(Motorsport-Total.com) – There was a time when it was considered inconceivable that Formula 1 would abandon the Monaco Grand Prix. Racing in the streets of Monte Carlo has long been considered the crown jewel of Formula 1 racing and a weekend where the sponsors were enthusiastic and eyes were more on the sport than any other race.
© Motorsport Pictures
Formula 1 has been driving in the emirate since 1950
However, times have changed and under new ownership of Liberty Media, new races such as Zandvoort and Miami have successfully crossed all the boxes that Formula 1 chiefs need for fans and commercial interests.
This led to Formula 1 taking an all-or-nothing stance at the start of contract talks with the Automobile Club de Monaco. If Liberty Media doesn’t get what they want, they’re willing to forgo the Monaco Grand Prix. It is known that the contract will expire at the end of the current season.
Domenicali ready to do short work in Monaco
There are a few key factors that will be at the heart of these talks and it will be up to Monaco and Formula 1 to either find a compromise if they want to move forward or agree to disagree and let it go.
Insiders suggest Formula 1 CEO Stefano Domenicali is determined to bring Monaco in line with his vision of what grand prix events should offer, although some may be skeptical that F1 hosting the Monaco Grand Prix will actually give up
Factor One – Race Hosting Fee
For a long time, there was a myth that Monaco was so important to Formula 1 that they never paid a fee to host the race. This is not entirely true, because the organizers pay a fee, although not at the same level as other races.
It is believed to be between 12 and 15 million dollars. That’s about half what many other places pay and is far less than the exorbitant amounts paid by Saudi Arabia and Qatar, for example, which are more than three times as much.
The race in Jeddah is said to bring about $90 million to the coffers of Formula 1, which means that the racing series must drive the equivalent of six times, and therefore six years in the emirate in order to financially exit a race in Saudi Arabia.
Formula 1 in Monaco: This must stay!
Will Formula 1 still have a Grand Prix in Monaco and is tradition alone enough to stay on the F1 calendar? We analyze! More Formula 1 videos
While Formula 1 would not expect Monaco to match the road fees they get elsewhere, they would like to see some change in the amounts paid so far.
In addition, F1 will likely require Monaco to be more flexible on race dates because localizing the race calendar means F1 will want to host Miami and Montreal together in May, which could also have implications going forward.
Factor 2 – Formula 1 Television Production
A major disappointment in Formula 1, which fans also share, is that Monaco is the only race of the year in which TV directing is not handled by the regular manager. Instead, Monaco controls the transmission itself, which in the past has sometimes led to poor transmission quality.
Important incidents have been missed in the past. Case in point is Sergio Perez’s spin in qualifying on Saturday, which can be seen briefly in the background before the manager once again focuses on Charles Leclerc. Plus, in our first free practice session on Friday, the quality of the photos wasn’t entirely positive at times.
Formula 1: Monaco Grand Prix 2022
Many fans will also remember another TV directing blunder at last year’s race when Sebastian Vettel drove a wheeler with Pierre Gasly up the hill to the casino after his stop, but the duel to repeat Lance Stroll was halted and he couldn’t be seen live.
Also, some camera angles aren’t the best, so Formula 1 is making sure Monaco blends in with other places and gives up control of TV coverage.
Factor 3 – Sponsorship and Advertising
Formula 1’s global reach and commercial appeal have helped attract some major sponsors and supporters. Formula 1 is committed to ensuring that its official partners are treated well and given the exclusive offer they pay for, which means there are no conflicting brands.
In most places, Formula 1 has complete control of the advertising path to ensure everything is consistent. Monaco was an exception and reserved some rights to sell advertising on the track and sponsorship deals with companies for events held there.
However, it is understood that the decision to allow TAG Heuer, Rolex’s official timing partner to Formula 1, to make a prominent announcement on the track has made clear to F1 management why this arrangement needs to be changed.
© Motorsport Pictures
The fact that Charles Leclerc is celebrating his privileged position under the Tag Heuer banner is a thorn in the side of Formula 1 Zoom
Formula 1 wants Monaco to adapt to what all the other stadiums have accepted and to make concessions in this area.
Factor 4 – Logistics and Infrastructure
Monaco has always presented the teams with some of the toughest working conditions of the year, especially with tight potholes a reasonable distance from the track.
While things have improved a lot over the years and the current drilling facilities are certainly better than they were years ago when teams were stuck in a parking lot, the frustration is still there.
Transportation and logistics for the masses can certainly also be improved, with road traffic regulation and public transportation options certainly needing to be improved.
The fact that fans in both Nice and Monaco were stuck in stations for hours to get to the track is due to the lack of extra trains and coaches on local transport. In a top-tier sporting event, not taking sensible precautions is really unacceptable.
The field itself is still narrow and the media facilities are insufficient. A particular criticism is that food is not served while most of the teams’ mobile homes remain closed, making it very difficult to find something to eat.
Factor 5 – Path Planning
One of the biggest complaints about the Monaco Grand Prix is the fact that the race itself is often a huge disappointment. The narrow and winding road makes overtaking nearly impossible, which has led to many processions in the past.
While Formula 1 is not calling for an overhaul of the Monaco track, it does believe there are track tweaks that could enhance the scene.
It is understood that there are proposals to put the barriers back on track after the tunnel to widen the entrance and at least give drivers a better chance of driving from the inside.
Marc Saurer: Monaco needs to be rebuilt!
Monaco didn’t have to pay anything for years, and it was still considered in Formula 1. That would be different in 2022. We explain why. More Formula 1 videos
Formula 1 also believes that moving and reshaping other sections of the track to expand it can help create new opportunities.
However, Monaco have so far insisted that they see no need to change anything in this area. Perhaps the risk of losing his contract is enough motivation to change your mind.