F1 chief sparks Monaco fears as Las Vegas Grand Prix set to become new ‘flagship’ race

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LAS VEGAS is ready to host a surprising evening race down the well-known Strip in November 2023.

F1 verify new 200mph Las Vegas monitor for 2023

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F1 bosses might be set to axe the Monaco Grand Prix in favour of the brand new Las Vegas race introduced yesterday. Stefano Domenicali says Las Vegas shall be often called the “flagship race” in F1 inside years, a title beforehand reserved for the traditional Monaco race.

He stated: “No one places on a celebration like Las Vegas and I predict that this would be the iconic race, the flagship race, of F1 inside a few years. It is emotion, it is ardour, it is a enterprise, it is relationships, it is tradition and it is depth. And that is the explanation why that is the right place to be.”

In the meantime, clouds have hung over the circuit’s future for some time as its deal is completely different to different tracks. For years Monaco paid much less to host an F1 race than different promoters because of the spectacle it dropped at the game.

The Race claims F1 was “recognized to need more cash” from Monaco with the principality having misplaced its particular deal. In the meantime, early predictions counsel F1 may earn as much as £1billion from the brand new Las Vegas race over 10 years.

Moreover, Monaco is one among a number of circuits which can be but to strike a deal to stay previous 2022.

READ MORE: Disastrous authentic Las Vegas race was the ‘worst circuit ever’

F1 chief sparks Monaco fears as Las Vegas Grand Prix set to become new 'flagship' race

Monaco’s place on the calendar might be underneath menace (Picture: Getty)

Bernie Ecclestone signed a ten-year extension with Monaco a decade in the past however a deal previous 2022 has not been met. Different circuits which may presumably drop off the calendar embody the French Grand Prix at Paul Ricard and the well-known Belgian Grand Prix at Spa-Francorchamps.

Domenicali has beforehand warned F1 could not supply offers to many current venues which have offers expiring. He additionally warned it was “not sufficient” for races to “have a pedigree” in an period of accelerating demand for races.

He stated: “There are some promoters who’ve expiring agreements, and possibly among the present grands prix will not be a part of the calendar. Others will stay however in a distinct kind, comparable to rotating between completely different tracks.

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F1 chief sparks Monaco fears as Las Vegas Grand Prix set to become new 'flagship' race

F1 is ready to race at Las Vegas subsequent yr (Picture: Twitter / F1)

“Quickly the alternatives we’re making shall be introduced, and you’ll anticipate some new grands prix. Nevertheless, it’s nonetheless not simple to plan all the things upfront. We all know we’ve got to stability the arrival of latest races with historic grands prix, and tracks that should proceed to be a part of our calendar.

“The arrival of provides from new promoters has a bonus for the F1 platform, and that’s to pressure the organisers of conventional grands prix to lift their degree of high quality, by way of what they provide the general public, and infrastructure and administration of the occasion. It is not sufficient to have a pedigree anymore. You additionally must show that you’re maintaining.”

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