The Monaco Grand Prix is a Formula One 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 (informally known as the Triple Crown of Motorsport).
The circuit has been called "an exceptional location of glamour and prestige." 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, it is a dangerous place to race.