Formula One will continue to hold the Monaco Grand Prix until 2031 after signing a six-year agreement with the Automobile Club of Monaco (ACM), it said on Thursday.

This will divide opinion, because it always does: the Monaco Grand Prix will remain on the F1 calendar until at least 2031, having signed a new deal with the sport.

Formula One will continue to hold the Monaco Grand Prix until 2031 after signing a six-year agreement with the Automobile Club of Monaco (ACM), it said on Thursday. The iconic race on the streets of Monte Carlo has been in the Formula One calendar since 1955.

Monaco first hosted a grand prix in 1950. Marco Canoniero/LightRocket via . Formula 1 will race in Monaco until 2031 following a six-year extention to the principality

F1 has agreed a new six-year deal with the Monaco Grand Prix, keeping the famous race on the calendar until 2031 inclusive. The race in the principality featured on the first F1 world championship calendar in 1950 and has been an ever-present since 1955.

Fears over the future of the Monaco Grand Prix can fade, as the street circuit has been confirmed with a new multi-year contract extension. The Monte Carlo circuit will remain on the F1 calendar until the start of the next decade,

Formula 1® will continue to race around the streets of Monaco until 2031, inclusive, following a six-year extension to the existing agreement with the

There had been doubts about Monaco's long-term future of the race given its notorious struggles to provide an entertaining race on the narrows streets of the principality, but F1 and Monaco have now struck a deal that will see the race remain on the calendar for six more years.