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.

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

The move would also end what has become a "greatest (if not longest) day of racing" in the U.S. where the F1 Monaco Grand Prix, Indianapolis 400 and NASCAR Coke 600 from Charlotte traditionally run back-to-back-to-back the Sunday of Memorial Day weekend.