High Quality Content by WIKIPEDIA articles! The Monaco Grand Prix (French: Grand Prix de Monaco) 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 Daytona 500, Indianapolis 500, and the 24 Hours of Le Mans. The circuit has been called "an exceptional location of glamour and prestige."