The Ultimate Pit Stop: Why the Grid Calls Monaco Home
The Ultimate Pit Stop: Why the Grid Calls Monaco Home
Tax, Track, and Tranquillity: The Monaco Residency Secret
If you went for a morning jog along the Larvotto beachfront or grabbed an espresso at Café de Paris, you’d likely bump into half of the Formula 1 grid.
It’s no secret that the Principality of Monaco is the unofficial "home base" for the world’s fastest drivers. But why do these global superstars choose to pack their bags for a tiny rocky outcrop on the French Riviera?
At Senate Grand Prix, we’ve spent years hosting guests in the heart of the Principality, and we’ve seen first-hand why this square mile is the ultimate sanctuary for the racing elite.
Who is on the Monaco Guest List?
As of the 2025 season, the list of Monaco residents reads like the front row of a starting grid. While drivers often move around, the "Monaco Club" currently includes:
Lewis Hamilton: The seven-time champ has long called the Principality home.
Max Verstappen: The Dutchman is a regular fixture in the Monte Carlo gym scene.
Lando Norris: Our new World Champion made the move from the UK to join the sunshine elite.
Charles Leclerc: The hometown hero was born and raised here—the only driver who truly knows these streets like the back of his hand.
George Russell & Alex Albon: Close friends and neighbours in the prestigious apartment blocks overlooking the Mediterranean.
Nico Hülkenberg & Daniel Ricciardo: Both veterans have enjoyed the Monaco lifestyle for years.
The Three Pillars of the Monaco Move
So, why here? It isn't just about the beautiful view (though that certainly helps).
1. The Financial Advantage (Tax)
Let’s address the elephant in the room: Monaco is a tax haven.
The Principality does not levy personal income tax on its residents.
2. Privacy and Security
In London, New York, or Paris, an F1 driver is a celebrity. In Monaco, they are just another neighbour. The local population is used to seeing billionaires and sports stars, allowing drivers to walk to the supermarket or the gym without being mobbed.
3. Logistics and Lifestyle
Monaco is ideally situated for the gruelling F1 calendar. It’s a short drive to the Nice Côte d'Azur Airport, which offers quick flights to almost every European city and is a central hub. Plus, the weather is nearly perfect year-round for outdoor training—whether that’s cycling in the Maritime Alps or swimming in the Mediterranean.
Live the Driver’s Life with Senate Grand Prix
When you join us for the Monaco Grand Prix, you aren't just watching a race; you are stepping into the backyard of the world’s most significant drivers. When you stand on a Senate Grand Prix terrace or enjoy hospitality at La Rascasse, you are seeing the streets exactly as the drivers see them every day of their lives.
Monaco isn't just a race track—it’s the heart of the F1 community. And there is no better way to experience that community than with the experts who know these streets best.
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