Monaco, the world’s second-smallest country after the Vatican, is a unique blend of history and modernity. The Grimaldi family, who settled here in 1297, have maintained control over the principality for over 700 years. Today, Monaco stands as a constitutional monarchy, yet it remains a protectorate of France, adding to its distinctive political landscape.

In 1949, Prince Rainier III assumed the throne of Monaco, marking the beginning of a new era for the principality. His marriage to the renowned American actress Grace Kelly in 1956 further elevated Monaco’s global profile. Prince Rainier III’s economic initiatives and Grace Kelly’s cultural contributions, including her promotion of the arts, have left an indelible mark on the small nation. Monaco’s casinos, renowned worldwide, continue to attract visitors from all corners of the globe.

The Monaco Grand Prix, a fixture in the principality’s history since 1929, holds a special place in the world of motorsport. In 1950, it was incorporated into the Formula 1 World Championship, becoming one of the seven races in the inaugural season. The first Formula 1 race in Monaco was won by Juan Manuel Fangio, a legendary figure in the sport and a five-time world champion. This victory marked the beginning of a new era of intense competition and growing prestige for the international racing series.

The Monaco Grand Prix is more than an adrenaline-filled event; it is a lavish celebration that draws the who’s who from the world of showbiz, sports, and high society. The stunning backdrop of yachts, the shimmering Mediterranean Sea, and the opulence of Monte Carlo adds to the allure, reinforcing the race’s reputation as an international symbol of luxury and prestige. The competitors are not just racing for the win; they are competing in a historical event, on a legendary circuit, in the world’s most opulent setting.

Formula 1 is the biggest annual major sports platform that travels the globe. More than 1.5 billion fans tuned in on TV, and almost 6 million fans attended live races in 19 countries across five continents.

The pinnacle of motorsport is where the best brands compete for world championship status. McLaren, Ferrari, Aston Martin, Mercedes Benz, and Renault provide the cars so that 20 drivers can compete at over 200 miles an hour.

Local driver Charles Leclerc made his childhood dream come true by winning his home Grand Prix. With lots of emotions before getting to the podium, he said, “Winning here means so much to me because it’s the race that made me dream of becoming a Formula 1 driver when I was little. So I want to thank the people of Monaco.”

The Ferrari driver dominated the Monaco weekend, taking pole position (faster qualifier) and the race. The Ferrari team, led by Fred Vasseur – Team Principal Scuderia Ferrari HP, achieved first and third place. Young Oscar Pastri, from Australia, split the Ferrari’s finish with his McLaren finishing in second place. “It was the perfect weekend and one to remember for Charles Leclerc, having had a couple of tough races in the past here in

Monaco. He was flying from lap 1 in FP1 and did the perfect job. This win is a huge motivation for everyone at the track and also, of course, at the factory, where everyone has done a great job. This was a very special day; you could see the emotion from all the team members around the podium,” said Mr. Vasseur.

Ferrari fans around the world celebrated as well, as the Italian team (the oldest running team in Formula 1) ignited the passion and aspirations of thousands of people worldwide.