Formula 1's iconic Monaco Grand Prix will remain on the calendar until at least 2031 after a six-year extension was announced on Thursday with a date change to June that also avoids future clashes with the Indianapolis 500.

The Monaco Grand Prix is one of F1's most historic events but the racing has not been particularly exciting in recent years with F1 cars bigger than ever and the streets of Monte Carlo still as tight

Formula 1 has announced a new agreement with the ACM that will see the iconic Monaco Grand Prix remain on the F1 calendar until 2031.