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The Monaco Grand Prix has been canceled. (Red Bull photo)

Monaco Grand Prix Officially Canceled

PARIS – For the first time since 1954, the Formula One Monaco Grand Prix will not take place.

Originally announced by Formula One officials as postponed on Thursday, the Automobile Club de Monaco has confirmed that the event is now canceled and will not take place this season.

The Monaco Grand Prix first took place in 1929 and has taken place every year since 1955.

Below is the full statement from the Automobile Club de Monaco concerning the cancellation:

“The current situation concerning the worldwide pandemic and its unknown path of evolution, the lack of understanding as to the impact on the FIA F1 World Championship 2020, the uncertainty with regards to the participation of the teams, the consequences with regards to the differing measures of confinement as taken by various governments worldwide, the multi-border restrictions for accessing the Principality of Monaco, the pressure on all implicated businesses, their dedicated staff who are unable to undertake the necessary installations, the availability of the indispensable workforce and volunteers (more than 1500) required for the success of the event means that the situation is no longer tenable.”