Written by Staff Writer, CNN
The Monaco Grand Prix will be cut to a three-day format in 2022 and moved to July after the 2018 race, Formula One’s new boss says.
Speaking at the 2nd Societe Generale de l’Automobile Presidente award ceremony at the Carlton, Jean Todt says a “major structural change will take place over the next two years, with major events, including the Grand Prix, being moved to a more structural rhythm — without changing the calendar altogether.”
Addressing the changes , he said “moving Monaco to July will work very well, with the event in July replacing Monaco in 2018.”
“Particularly since the decision on the schedule for 2017 was so close at the end,” he said.
In his speech, he also warned that changes must be made to the existing calendar in order to make the series more sustainable.
Launched in 2004, Monaco is held on a May long weekend, which has been criticized for being too early to attract fans.
Monaco Grand Prix ‘cannibalizing’ other events
“We don’t want the race in Monaco to cannibalize the race in Germany, we don’t want the race in Monaco to cannibalize the race in Italy,” he told Italian press.
Last year, he said, fans would have spent their nights, after attending the race, at the bars and restaurants across the city.