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Monaco officially the Principality of Monaco is a sovereign city-state, country, and microstate on the French Riviera in Western Europe. France borders the country on three sides while the other side borders the Mediterranean Sea. Monaco is about 15 km (9.3 mi) from the state border with Italy. 

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Monaco has an area of 2.02 km2 (0.78 sq mi), making it the second-smallest country in the world after the Vatican City. Its population as of 2018 is 38,682. With 19,009 inhabitants per square kilometre (49,230/sq mi), it is the most densely-populated soverign state in the world.

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The Vatican City State was established in its current form as a sovereign nation with the signing of the Lateran Pacts on the 11th February 1929. This independent city-state, enclaved within Rome, is the smallest sovereign state in the world, both by population and by area. Here are ten things you may not know about it: 

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1 – In 1962, elephant bones were discovered under the Vatican. They were the bones of Hanno, the pet elephant of Pope Leo X. Hanno died in 1516 after doctors, in an attempt to treat the animals persistent constipation, inserted a gold-infused enema up its rectum. 

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Pope Leo X - Pope Leo X (born Giovanni di Lorenzo de' Medici, 11 December 1475 – 1 December 1521)

2 – The ATM machines in Vatican City have default instructions in Latin. They are the only ATMs in the world with this feature. 

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Barclays goes one better with a Golden ATM Machine.

Today marks the 50th anniversary of the world’s first ATM, which Barclays unveiled at its Enfield branch in London on 27 June 1967.

To celebrate, one of the cash points at the Enfield branch has been turned “gold” (pictured above) to mark the “golden” anniversary.

The original ATM was the brainchild of John Shepherd-Barron, who Barclays commissioned to create six cash dispensers – the first of which was installed at Enfield. Actor Reg Varney, of the ITV sitcom On the Buses, was the star of the opening and the first person to use the invention.

3 – There is a giant replica of St. Peter’s Basilica in Yamoussoukro, Côte d’Ivoire, which took over €300 million and five years to build. Measuring in at 30,000 square metres of exterior area, the Basilica of Our Lady of Peace is the largest church in the world. When the Vatican first got wind of its copycat design, Pope John Paul II personally requested that the observatory crowning the dome be built slightly lower than the height of St. Peter’s dome. Côte d’Ivoire’s President, Houphouët-Boigny, complied, but then went ahead and topped his dome with a huge gold cross, earning it yet another title as the tallest church in Christendom. Houphouët-Boigny is also personally pictured beside Jesus in one stained-glass panel ascending to heaven. 

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St. Peter’s Basilica

4 – The Vatican’s postal services are considered to be amongst the best in the world, with more letters sent each year from its postcode than anywhere else in the world. Many Romans make the trip there to post their letters and documents from the Vatican’s post office rather than Italy’s far less reliable post services. 

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5 – Vatican City has the world’s shortest railway. It consists of two 300-meter tracks and one station: Città del Vaticano. It’s mostly used for importing goods and is kept for symbolic reasons, with no regular passenger trains. 

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6 – Its official website has been online since Christmas 1995. The site is housed on three main servers, called “Michael,” “Gabriel,” and “Raphael” after the archangels. The word angel literally means “messenger,” so the three tools for the Vatican’s outreach into cyberspace were named after God’s three main messengers.

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7 – It owns its own astronomical research and educational institution: the Vatican Observatory. It is one of the world’s oldest astronomical research facilities and even owns a telescope in Arizona, USA. The Observatory was founded by Pope Leo XIII in 1891 “so that everyone might see clearly that the Church and her Pastors are not opposed to true and solid science, whether human or divine, but that they embrace it, encourage it, and promote it with the fullest possible devotion”.

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8 – Popes cannot donate organs after they die. Their body becomes property of the Vatican and must be buried intact. Up until 1903, popes’ organs were preserved as relics in the church of Saints Anastasio and Vincent at Trevi.

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Facade of the Catholic Church called "Santi Vincenzo e Anastasio a Fontana di Trevi" in the square of Trevi

9 – Citizenship is not granted based on birth, but rather only to those who reside in the Vatican because of their work or office. Cardinals who reside in the Vatican City or in Rome, as well as diplomats of the Holy See, are also considered citizens. Citizenship terminates when the person stops working for Vatican City or the Holy See. Those who risk becoming stateless for that reason will automatically be given Italian citizenship.

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Pope Francis

10 – It is the only entire country designated as a UNESCO heritage site. It was added to the list in 1984 for its unique collection of artistic and architectural masterpieces.

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Inside the Vatican City Museum

Monaco has a land border of 5.47 km (3.40 mi), the world's shortest coastline of approximately 3.83 km (2.38 mi) , and a width that varies between 1,700 and 349 m (5,577 and 1,145 ft). The highest point in the country is a narrow pathway named Chemin des Revoires on the slopes of Mont Agel, in the Les Revoires Ward, which is 161 metres (528ft) above sea level. 

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Chemin des Revoires on the slopes of Mont Agel

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It hardly even looks real. Located in the world capital of luxe, Larvotto is the public beach of Monte Carlo, Monaco. Embrace the sunshine and crystal blue Mediterranean waters of the Cote D'Azur and admire the panoramic views of Monaco's cliffside skyline from this world-class oasis in the French Riviera. Stretch out on the sand or stroll farther down the beach to lounge at cafes and cabanas alongside some of the wealthiest people in the world.

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Saturdays at Nikki Beach, Monte-Carlo

Themed parties every Saturday at Nikki Beach

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Monaco's most populous Quartier is Monte Carlo and the most populous Ward is Larvotto/Bas Moulins. Through land reclamation, Monaco's land mass has expanded by 20 percent.  In 2005, it had an area of only 1.974 km2 (0.762 sq mi). Monaco is known to be one of the most expensive and the wealthiest places in the world. In 2014, it was noted that about 30% of the population was made up of millionaires.

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Monte Carlo Monaco

Monaco is a principality governed under a form of constitutional monarchy, with Prince Albert II as head of state. Although Prince Albert II is a constitutional monarch, he wields immense political power. The House of Grimaldi has ruled Monaco, with brief interruptions, since 1297. The official language is French, but Monegasque,  Italian, and English are widely spoken and understood. 

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Price Albert II with his wife, South African expat Princess Charlene. Photo: Royal Palace of Monaco.

The state's sovereignty was officially recognised by the France-Monegasque Treaty of 1861, with Monaco becoming a full United Nations voting member in 1993. Despite Monaco's independence and separate foreign policy, its defence is the responsibility of France. However, Monaco does maintain two small military units. 

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The marching band of the Carabiniers du Prince, Monaco’s tiny army, during a change of guard ceremony in September.  The service’s rank and file are from both Monaco and France, but the officers are all French.

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Monte Carlo Casino Monaco

Economic development was spurred in the late 19th century with the opening of the country's first casino, Monte Carlo, and a railway connection to Paris. Since then, Monaco's mild climate, scenery, and gambling facilities have contributed to the principality's status as a tourist destination and recreation centre for the rich.

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In more recent years, Monaco has become a major banking centre and has sought to diversify its economy into the services sector and small, high-value-added, non-polluting industries. The state has no income tax, low business taxes, and is well known for being a tax haven. It is also the host of the annual street circuit motor race Monaco Grand Prix, one of the original Grands Prix of Formula One and birthplace of Scuderia Ferrari driver Charles Leclerc. The principality has a club football team, AS Monaco, who have become French champions on multiple occasions. 

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One third of the triple crown of motor sport, the Monaco Grand Prix is the most coveted win on the F1 circuit CREDIT: GETTY

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The famous and very tricky hairpin (2019)

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Monaco Grand Prix Tunnel

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The master of Monaco: The late, great Ayrton Senna won an unprecedented six Grands Prix on the streets of Monaco (Image: Getty)

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Monaco Win 2016-17 Ligue 1 Title After 2-0 Win vs. Saint-Etienne

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Charles Leclerc born 16th October 1997) is a Monegasque racing driver, currently driving in Formula One for Scuderia Ferrari. Leclerc won the GP3 Series championship in 2016 and the FIA Formula 2 Championship in 2017. Leclerc made his Formula One debut in 2018 for Sauber, a team affiliated with Ferrari, for which he was part of Ferrari Driver Academy. With Sauber having finished last the year before, Leclerc led the charge to improve the finishing position in the constructors' championship to eighth, being the higher ranked of the two Sauber drivers. Starting from 2019 and contracted until the end of the 2024 season, Leclerc is due to be driving for Ferrari. He became the second-youngest driver to qualify on pole position in Formula One at the 2019 Bahrain Grand Prix. The 2019 season also saw Leclerc take his first career win in Belgium, followed by winning his first Italian Grand Prix as a Ferrari driver the week after. He won the Pole Trophy  in the 2019 season becoming the youngest driver ever and the first non-Mercedes driver to win it since the trophy's inception in 2014.

Monaco is not formally a part of the European Union (EU), but it participates in certain EU policies,  including customs and border controls. Through its relationship with France, Monaco uses the euro as its sole currency (prior to this it used the Monegasque franc). Monaco joined the Council of Europe in 2004. It is a member of the Organisation Internationale de la Francophonie (OIF).

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Image Above - The 99th running of the Indianapolis 500, at the Indianapolis Motor Speedway INDIANAPOLIS – For the first time in the history of the Indianapolis 500, RTV6 has rights to air the ABC broadcast of the race a second time – on Memorial Day, May 30. Interest is especially intense this year for the 100th running of the greatest spectacle in racing.  April 20th, 2016

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24 Hour of Le Mans

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The 24 Hours of Le Mans is one of the most widely watched races in motorsport

The Monaco Grand Prix (French) Grand Prix de Monaco) is a Formula One motor race held annually on the Circuit de Monaco on the last weekend in May. Run since 1929, it is widely considered to be one of the most important and prestigious automobile races in the world, and is one of the races—along with the Indianapolis 500 and the 24 Hours of Le Mans that form the Triple Crown of Motorsport. The circuit has been called "an exceptional location of glamour and prestige"

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BAKU, AZERBAIJAN – APRIL 29: The safety car leads Sebastian Vettel of Germany driving the (5) Scuderia Ferrari SF71H (Photo by Dan Istitene/Getty Images). In motorsport, a safety car or pace car is a car which limits the speed of competing cars on a racetrack in the case of a caution period such as an obstruction on the track or bad weather. ... At the end of the caution period, the safety car leaves the track and the competitors resume normal racing.

The race is held on a narrow course laid out in the streets of Monaco, with many elevation changes and tight corners as well as a tunnel, making it one of the most demanding tracks in Formula One. In spite of the relatively low average speeds, the Monaco circuit is a dangerous place to race and often involves the intervention of a safety car. It is the only Grand Prix that does not adhere to the FIA's mandated 305-kilometre (190-mile) minimum race distance for F1 races.

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Graham Hill wins at Monaco 

Graham Hill won the Monaco Grand Prix in 1963, 1964, 1965, 1968, and 1969, He is the only driver ever to win the triple crown of motorsport, the 24 Hours of Le Mans, Indianapolis 500 amd the Monaco Grand Prix. Hill and his son Damon were the first father and son pair to win Formula One World Championships. Hill died on 29th November 1975 at the controls of his Piper PA-23 Aztec twin-engine light aircraft when it crashed near Arkley, Hertfordshire, while on a night approach to Elstree Airfield in thick fog. On board with him were five other members of the Embassy Hill team who all died: manager Ray Brimble, mechanics Tony Alcock and Terry Richards, driver Tony Brise, and designer Andy Smallman. The party was returning from a car-testing session at the Paul Ricard Circuit in southern France.

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Graham Hill, the man known as Mr Monaco, took his fifth and last victory at the Monaco Grand Prix. It was also to be his final Formula One win, but given his remarkable record in Monte Carlo, there was no more fitting place for him to climb to the top of the podium for one last time. The Monaco Grand Prix was part of the pre-Second World War European Championship and was included in the first World Championship of Drivers in 1950. It was designated the European Grand Prix two times, 1955 and 1963, when this title was an honorary designation given each year to one Grand Prix race in Europe. Graham Hill was known as "Mr. Monaco" due to his five Monaco wins in the 1960s. Ayrton Senna won the race more times than any other driver, with six victories, winning five races consecutively between 1989 and 1993. 

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Today in 1975, a twin-engine six-seat Piper Aztec piloted crashed in dense fog at the Arkley golf course in London, killing Graham Hill, Tony Brise, and four other members of the Embassy Hill racing team

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Ayrton Senna in Monaco 1984 - Alain Prost won the race.

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Ayrton Senna wins the Monaco Grand Prix in 1987.

The 1949 event was cancelled due to the death of Prince Louis II; it was included in the new Formula One World Drivers' Championship the following year. The race provided future five-time world champion Juan Manuel Fangio  with his first win in a World Championship race, as well as third place for the 51-year-old Louis Chiron, his best result in the World Championship era. However, there was no race in 1951. In 1952, the first of the two years in which the World Drivers' Championship was run to less powerful Formula Two regulations, the race was run to sports car rules instead,  and it did not form part of the World Championship. No races were held in 1953 or 1954.

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Prince Louis II of Monaco

Louis II (Louis Honoré Charles Antoine Grimaldi; 12 July 1870 – 9 May 1949) was Prince of Monaco from 1922 to 1949. Born in Baden-Badenm (Germany), he was the only child of Albert I,Prince of Monaco (1848-1922), and Lady Mary Victoria Hamilton (1850-1922). His mother was a daughter of William Hamilton, 11th Duke of Hamilton, and his wife, Princess Marie Amelie of Baden. On 26 June 1922, Prince Albert I died in Paris. Louis Grimaldi ascended to the throne as Louis II, Prince of Monaco. While his reign never achieved the grandeur of his father, Louis II left an indelible imprint on the tiny principality. In 1924 the Monaco Football Club was formed and in 1929, the first Grand Prix of Monaco automobile race was held, won by Charles Grover (aka "Williams") driving a Bugatti painted in what would become the famous British racing green color. 

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Juan Manuel Fangio (Officine Alfieri Maserati), Maserati 250F - Maserati L6 (finished 1st) 1957 Monaco GP Juan Manuel Fangio (Monaco 1957)

Since 1955, the Monaco Grand Prix has continuously been part of the Formula One World Championship. That year, Maurice Trintignant won in Monte Carlo for the first time and Chiron again scored points and at 56 became the oldest driver to compete in a Formula One Grand Prix. It was not until 1957, when Fangio won again, that the Grand Prix saw a double winner. Between 1954 and 1961 Fangio's former Mercedes colleague, Stirling Moss, went one better, as did Trintignant, who won the race again in 1958 driving a Cooper. The 1961 race  saw Moss fend off three works Ferrari 156's in a year-old privateer Rob Walker Racing Team Lotus 18, to take his third Monaco victory.

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Sir Stirling Moss at the Monaco Grand Prix in 1961.

Sir Stirling Craufurd Moss, OBE (17 September 1929 – 12 April 2020) An inductee into the International Motorsports Hall of Fame, he won 212 of the 529 races he entered across several categories of competition and has been described as "the greatest driver never to win the World Championship". Moss died in London on 12 April 2020 at the age of 90 following a long illness.

 

Stirling Moss turned in what was considered to be one of the greatest drives of his career to win the season-opening Monaco Grand Prix in an ageing Lotus, holding off a trio of far superior Ferraris.

Rule changes reducing the engine capacity had been exploited to the full by Ferrari, and while the British constructors were delayed by arguing against the new regulations, the Italians quietly got on with developing a rear-engined 'shark-nose' car with a new V6 engine.

In practice, the supreme driving skills of Moss put him on pole with his old, under-powered Lotus 18, alongside Richie Ginther's Ferrari and Jim Clark's new Lotus 21. Unfortunately, Innes Ireland was unable to start after a crash in the famous Monaco tunnel, where he was ejected from the car like a cork from a bottle, breaking his leg. As he said many years later; "Ah, yes, '61 - that was the year when I came out of the f***ing tunnel without the f***ing car.'

On a hot Riviera weekend, Moss had cooling problems, so he simply removed the side panels of his car and doused himself in water before the race. Ginther led from the start but after 14 laps Moss and Jo Bonnier in a Porsche slipped past him. However, Bonnier's race was over a few laps later when his car crawled into the pits.

The race proved to be a classic, with Moss fighting off a strong challenge from Phil Hill who had manoeuvred himself into second place and reduced Moss's lead to just 3.5 seconds at the half-way point. In the closing stages Ginther re-passed his fellow American and closed further on Moss, with Wolfgang von Trips, also in a Ferrari, taking up fourth place. For lap after lap , the three Ferrari drivers constantly changed positions, harrying the little blue Lotus while Moss drove ever harder and with such consummate skill that the Ferraris never had a chance to overtake.

For the rest of the race the four cars were rarely more than 11 seconds apart, but despite repeated challenges, Moss's victory was never seriously in doubt. It had seemed impossible at the start that the year-old, hastily repaired Lotus could comprehensively thrash the entire Ferrari works team, but with Stirling Moss at the wheel, the impossible almost looked easy.

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Jackie Stewart, 1966 Monaco Grand Prix

Britain's Graham Hill won the race five times in the 1960s and became known as "King of Monaco" and "Mr. Monaco". He first won in 1963, and then won the next two years. In the 1965 race he took pole position and led from the start, but went up an escape road on lap 25 to avoid hitting a slow backmarker. Re-joining in fifth place, Hill set several new lap records on the way to winning. The race was also notable for Jim Clark's absence (he was doing the Indianapolis 500), and for Paul Hawkin's Lotus ending up in the harbour.  Hill's teammate, Briton Jackie Stewart, won in 1966 and New Zealander Denny Hulme won in 1967, but Hill won the next two years, the 1969 event being his final Formula One championship victory, by which time he was a double Formula One world champion.

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New Zealander Denny Hulme won in 1967.

The 1967 Monaco Grand Prix was not a happy event. The race saw Ferrari's Lorenzo Bandini crash while running in second place behind Brabham's Denny Hulme. Bandini  racing against Honda's John Surtees earlier in the race) raced in 42 Grand Prix events between 1962 and 1967.

The Italian driver lost control of his car at the harbour chicane on lap 82 of the 100-lap race. The Ferrari's left rear wheel hit the guard rail and then a pole which turned the car over, trapping Bandini. The car then hit straw bails which ruptured the fuel tank and started a blaze. Bandini suffered third degree burns and sadly died from his injuries three days later. The funeral was held in Reggiolo on May 13.

As a result of the accident, straw bales were banned from future Formula 1 races. In Monaco, an extended guard-rail was put in place at the scene of the accident for 1968.

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Denny Hulme won the Monaco Grand Prix in 1967 his first championship win, but the day was overshadowed by the death of Italian Lorenzo Bandini who crashed while in second place. After two years without a fatality during a race, the brutal reality returned in an appalling accident witnessed by thousands.

Bandini was lying in second when he clipped the chicane, and crashed upside down. His car caught fire, igniting straw bales which lined the track, and as it burned with a conscious Bandini trapped inside, several attempts were made to pull him out but each time the intensity of the blaze beat inadequately equipped marshals back. As cars continued to race past, Bandini was eventually pulled clear but died from terrible burns three days later. His Ferrari continued to burn for the rest of the afternoon. Bandini once said: "If you have to go, if it is written your time is that day, you will die whether you go racing or not."

With the field limited to 16 cars, most places were allocated to teams which had been racing for three years or more, leaving the rest to scrap for the eight remaining slots.

Bandini led off the line from Hulme, while pole-sitter Jack Brabham broke a connecting rod on the opening lap and soon after spun out on his own oil. After two laps Hulme passed Bandini, and after seven Jackie Stewart took the lead.

John Surtees moved into third until his Honda expired in a cloud of blue smoke, and then Jim Clark, harrying Bruce McLaren for third, suffered a broken suspension as he took the 90mph left-hander at the Tabac Turn and his Lotus crashed into a wall.

By halfway only eight cars remained, and although Hulme led, Bandini steadily ate into the gap. But Motorsport noted that "Hulme's superior physical condition was coming out on top and poor Bandini was beginning to flag and lack concentration, occasionally being untidy and ragged on some corners".

But on the 81st of 100 laps Bandini crashed, leaving team-mate Chris Amon in second, but his career-long ill fortune was again to the fore as his Ferrari suffered a puncture - possibly from running over the debris of the smoking wreck - dropping him to third behind Graham Hill.

© ESPN Sports Media Ltd.
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Jackie Stewart leads Peterson's Lotus at Monaco Grand Prix 1973

By the start of the 1970s, efforts by Jackie Stewart saw several Formula One events cancelled because of safety concerns. For the 1969 event, Armco barriers were placed at specific points for the first time in the circuit's history. Before that, the circuit's conditions were (aside from the removal of people's production cars parked on the side of the road) virtually identical to everyday road use. If a driver went off, he had a chance to crash into whatever was next to the track (buildings, trees, lamp posts, glass windows, and even a train station), and in Alberto Ascari's and Paul Hawkins's cases, the harbour water, because the concrete road the course used had no Armco to protect the drivers from going off the track and into the Mediterranean.

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Image Above - Niki Lauda won in Monaco in 1975.

The circuit gained more Armco in specific points for the next two races, and by 1972, the circuit was almost completely Armco-lined. For the first time in its history, the Monaco circuit was altered in 1972 as the pits were moved next to the waterfront straight between the chicane and Tabac and the chicane was moved further forward right before Tabac becoming the junction point between the pits and the course. The course was changed again for the 1973 race. 

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Image Above - 1960 Monaco Grand Prix.

The Rainier III Nautical Stadium was constructed where the straight that went behind the pits was and the circuit introduced a double chicane that went around the new swimming pool (this chicane complex is known today as "Swimming Pool"). This created space for a whole new pit facility and in 1976 the course was altered yet again; the Sainte Devote corner was made slower and a chicane was placed right before the pit straight.

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The Rainier III Nautical Stadium is a municipal sports complex on the Route de la Piscine in the La Condamine district of Monaco, in Port Hercules. Built in 1961, the stadium consists of a heated saltwater Olympic-size swimming pool, with 1,3,5, and 10m diving platforms, and a 45m slide. The pool is converted into a 1,000m2 ice rink from December to March. The pool gives its name to the "Swimming Pool chicane" (or "Piscine") at the annual Monaco Grand Prix. The construction of the Nautical Stadium necessitated the biggest change to the Circuit de Monaco since its creation in the 1920s.

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The rink opens every year on Port Hercule Photo: @MairieMonaco

By the early 1970s, as Brabham team owner Bernie Ecclestone started to marshal the collective bargaining power of the Formula One Constructors Association (FOCA), Monaco was prestigious enough to become an early bone of contention. Historically the number of cars permitted in a race was decided by the race organiser, in this case the ACM, which had always set a low number of around 16. In 1972 Ecclestone started to negotiate deals which relied on FOCA guaranteeing at least 18 entrants for every race. A stand-off over this issue left the 1972 race in jeopardy until the ACM gave in and agreed that 26 cars could participate – the same number permitted at most other circuits. Two years later, in 1974, the ACM got the numbers back down to 18.

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Bernie Ecclestone, pictured in 1978, once owned the Brabham F1 team. Credit: PA

Bernard Charles Ecclestone (born 28 October 1930) is a British business magnate. He is the former chief executive of the Formula One Group, which manages Formula One and controls the commercial rights to the sport, and part-owns Delta Topco, the previous ultimate parent company of the Formula One Group. As such, he was commonly described in journalism as 'F1 Supremo'. Ecclestone entered two Grand Prix races as a driver, during the 1958 season, but failed to qualify for either of them. Later he became manager of drivers Stuart Lewis-Evans and Jochen Rindt, both whom died during racing events. In 1972, he bought the Brabham team, which he ran for fifteen years. As a team owner he became a member of the Formula One Constructors Association. His control of the sport, which grew from his pioneering the sale of television rights in the late 1970s, was chiefly financial, but under the terms of the Concorde Agreement he and his companies also managed the administration, setup and logistics of each Formula One Grand Prix, making him one of the richest men in the United Kingdom. On 23 January 2017, it was announced that Ecclestone had been replaced by Chase Carey as chief executive of the Formula One Group, though he has been appointed as chairman emeritus and will act as an adviser to the board. Ecclestone and business partner Flavio Briatore also owned the English football club Queens Park Rangers between 2007 and 2011.

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A lack of energy. A lack of freshness. That was how Chase Carey saw Formula One when he was handed the reins to the sport three years ago. Carey insists he is in no way being critical of Bernie Ecclestone, who turned F1 into a global brand during his 43 years in charge. It is fair to suggest, however, that in the final years of his dynasty, the burgeoning world of social media was lost on Ecclestone. In one of his more famous interviews in May 2014 Ecclestone said: "I'm not interested in tweeting, Facebook and whatever this nonsense is. I tried to find out but in any case, I'm too old-fashioned. I couldn't see any value in it."
Ecclestone went on to state he had no desire in attracting a younger audience to F1, that he would rather appeal "to the 70-year-old guy who's got plenty of cash" due to F1's sponsorship portfolio that included the likes of Rolex and UBS.
How times have changed.

Carey say's, "There's only one Formula One, just like there's only one NFL, one NBA, or one Premier League, and I think those franchises, run properly, have an opportunity to be winners in a fragmenting, changing world.

"If I look at the 10 years preceding us, you're in an age where you need to engage with fans in ways that hadn't been done before, and that probably starts with digital media and social media," said Carey.

"You have tools today that enable you to do things far more than just put a race on a 60-inch screen and letting it take care of itself.

"People today walk around with today's television in their pocket, a three-inch screen they are constantly following and engaging with, so you have to provide them with the material to continue to do that.

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Schumacher takes fourth win at subdued Monaco

Because of its tight confines, slow average speeds and punishing nature, Monaco has often thrown up unexpected results. In the 1982 race Rene Amoux  led the first 15 laps, before retiring. Alain Prost then led until four laps from the end, when he spun off on the wet track, hit the barriers and lost a wheel, givin Riccardo Patrese  the lead. Patrese himself spun with only a lap and a half to go, letting Didier Pironi through to the front, followed by Andrea de Cesaris. On the last lap, Pironi ran out of fuel in the tunnel, but De Cesaris also ran out of fuel before he could overtake. In the meantime, Patrese had bump-started his car and went through to score his first Grand Prix win.

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Image Above - John Bisignano 80's former Formula One reporter for ESPN F1 - I think Formula One in the 80's was one of the most glorious times in Formula One, The cars were - Hesitates - almost simple, compared to what they are now. The steering wheel only turned the car, the gear lever, shifted the gears. It was a time when drivers still made the difference, and all the engineering expertise and all the electronics still left a great deal for the driver to do. 

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