Monaco Grand Prix May 28

| Total Words: 548

The Monaco Grand Prix ranks among the top sporting events in the world, and for good reason.

The combination of Formula One cars street racing and the influx of celebrities to the playground of Europe make a heady mix for the annual event, and is viewed as part of the social calendar for the worlds top sports stars, actors, models and businessmen.

The circuit takes in Casino Square and passes by the renowned Hotel de Paris in Monte Carlo, making it one of the most recognisable hotels in the world.

The race started in 1929, organised by Monte Carlo resident and founding president of the Automobile Club de Monaco, Anthony Noghes, and the Grand Prix has made the worlds second smallest country a destination of choice for many.

While Monaco enjoys the attention of the worlds media for one weekend every May, she also attracts many people long term to become residents due to her tax haven status, and residents enjoy a zero rated income tax.

In recent years Monaco has attracted the wealthy for another visit. The annual Monaco Yacht Show in September has the most exclusive yachts in the world moor at the harbour in Fontvieille, and the hotels in Monte...

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