The Monaco Grand Prix (French: Grand Prix de Monaco) is a Formula One motor race held each year on the Circuit de Monaco. Run since 1929, it is widely considered to be one of the most important and prestigious automobile races in the world, alongside the Indianapolis 500, and the 24 Hours of Le Mans. The circuit has been called "an exceptional location of glamour and prestige
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FIA Formula One World Championship (also Formula One, Formula 1, and F1) is the highest class of single-seat auto racing that is sanctioned by the Fédération Internationale de l'Automobile (FIA).The "formula", designated in the name, refers to a set of rules with which all participants' cars must comply.