F1 bosses and Monaco at war during talks with iconic Grand Prix at risk of being axed

Monaco and F1 have gone hand in hand for decades but that relationship is at serious risk of coming to an abrupt end, according to reports. The Automobile Club de Monaco (ACM) has been in ongoing discussions with F1 for several months now with the current contract ending after this weekend's race.

ACM president Michel Boeri offered a "guarantee" last month that Monaco will continue to hold its place on the F1 calendar moving forward. But F1 chief executive Stefano Domenicali has already warned that historic circuits aren't assured of keeping their race weekend.

Negotiations are ongoing with no final outcome decided for Monaco's place on next year's calendar. While fans often complain about the lack of overtaking opportunities there, drivers still see the Monaco Grand Prix as a flagship race.

Only Monza has held more Grands Prix than Monaco and not having F1's blue riband event would undoubtedly cause mixed reaction. But it appears as though the Monaco Grand Prix is at real risk of being axed from the calendar.

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According to the I, F1 owners Liberty Media are in fact 'keen to extend the deal' with Monaco. However, there are certain conditions F1 bosses reportedly want as part of a new agreement on revamping the circuit and infrastructure around the famous race.

The current model is 'no longer considered fit for purpose' with the tiny principality reportedly reluctant to accept the changes required. There are also issues over both the broadcast and sponsorship deals in place with Monaco previously given special exemptions on both.

F1 teams and Liberty Media reportedly want sponsorship arrangements to be altered with some paying millions to