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Like the Best Grand Cru Wines, the 2022 Monaco Grand Prix was Outstandingly Successful

It’s not surprising to discover that the 2022 Grand Prix which was bustling with visitors and locals turned out to be exceptional. The public came to be welcomed en masse to the Principality. Whether by train, boat or helicopter, the number of people who reached Monegasque territory to attend the Grand-Prix was up compared to 2019, the year of the last edition of the Grand Prix without pandemic constraints.

Just look at these figures that the Government has already managed to make available: 

Helicopters: from Wednesday 25/5 to Monday 30/5, there were 2,400 helicopter movements for 5,075 passengers transported. Compared to 2019, it is +21% up in movements and +4% in passengers.

• Trains: arriving or departing from the Principality, the number of passengers topped 100.000 and is up compared to 2019: 106,683 arriving passengers (96,721 in 2019) and 94,545 departing passengers (60,840 in 2019 ). This upward trend was also evident for the e-Prix and for the historic 13th Grand-Prix.

• Boats: 142 boats were able to anchor in the ports of Monaco (129 in 2019). 217 requests had been submitted to the port authorities. Sunday, the day of the race, 1,744 cruise passengers spread over 5 ships also set foot on Monegasque soil. In addition, 33 ships were at anchor in Monegasque territorial waters.

And the incentive to take public transport to come to Monaco has been heard, limiting the number of vehicles circulating on the roads.

• Vehicles: on race day, 86,831 entries/exits from Monaco were recorded compared to 89,467 in 2019. As for the occupancy rate of car parks, it is 15% higher over the whole weekend in 2022 compared to 2019. For example, on Sundays at 2:30 p.m., 1,079 places remained available compared to 1,244 three years earlier.

Unquestionably, all the indicators show that the 2022 edition has been a real success after two challenging years. The last true benchmark for measurement was 2019 due to the cancellation of the 2020 Grand-Prix and the maintenance of a restraining gauge at 50% last year. The positive trend also characterized the e-Prix and the historic Grand-Prix organized earlier in May.

Accommodation and Hotels 

The high number of visitors to the Principality is also reflected in the first figures available for the hotel industry. The results are higher than those obtained in 2019, which remains the last reference year, with an occupancy rate up by +3% and an average room price of +18%. The cumulative occupancy rates of 3, 4 and 5 star hotels over the 4 days of the Grand Prix are close to or equal to 100%.

So as the dismantling of the circuit is underway , all measures are pointing to a great success for the Formula 1 Grand Prix which took place from Thursday 26 to Sunday 29 May inclusive. 

That’s quite a goal for 2023’s Grand Prix to beat. But the Principality is never shy of breaking records!

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