1/19/2024 0 Comments F1 2023 gridHowever, the principal motivation for moving to Monaco is often financial. Photo credit: Scuderia Ferrari Press Office Charles Leclerc during the 2022 Monaco Grand Prix. “Where I’ve moved to (Monaco), there are quite a lot of people that I know there, quite a lot of the drivers are there, so there’s a bit more of a social life,” said Lewis Hamilton upon his move from Switzerland to Monaco back in 2012. Despite Formula 1 being a pressure-cooker environment, and whilst relationships can often be strained, many on the grid are very close, and it is therefore natural that they live close to one another. The temperate climate year-long is a big draw the fact it is English-speaking is a plus its central location in Europe makes it an ideal base given that many of the races still take place on the continent and there is also an element of following the crowd. There are many reasons why F1 drivers flock to Monaco. Former World Champions Mika Hakkinen, Jenson Button and Nico Rosberg are all based in Monaco, whilst former stars such as David Coulthard, Mark Webber, Paul Di Resta, Antonio Giovanazzi and Daniil Kvyat also reside in the Principality. The tradition of Formula 1 drivers moving to the Principality is engrained. This is part of what makes Monaco such an attractive place to live for drivers. As well as hosting the Monaco Grand Prix, arguably the most iconic race in the world, it also hosts other races such as the Monte-Carlo Rally, the Historic Grand Prix, and the Monaco ePrix. The Principality of Monaco has always been a magnet for Formula 1 drivers, both past and present, and almost half of the 2023 Formula 1 grid are currently residing in Monaco.
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