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Good news or bad news depending on your stance about the Monaco Grand Prix – the race is not in immediate danger.

Formula 1 fans are split regarding probably the best-known race on the calendar. Some love it for the glamour, spectacular scenery and the challenge of the circuit, others hate it because most recent races have tended to be dull processions with little or no overtaking.

There have even been suggestions that Monaco’s place on the annual roster could be in jeopardy due to the queue of new promoters coming forward to stage grands prix – F1 CEO Stefano Domenicali has said there is enough demand to stage 30 races if they wanted to.

Venues such as Monaco and Spa, which are part of the F1 furniture, have been reported to be under threat and may even have been considered as candidates for rotation on and off the calendar if such a process materialises.

But Michel Boeri, president of the Automobile Club de Monaco, has insisted Monaco is safe for the time being and a new deal is being discussed.

“It was suggested Liberty Media’s demands were too excessive for Monaco and the grand prix would no longer be held,” France’s Auto Hebdo magazine quotes Boeri as saying.

“That’s not true. We are still in talks with them and we must now make it concrete by signing a contract. I can guarantee you that after 2022, the