Besides being the playground of choice for Europe’s rich and famous all through the year, Monaco comes alive for one weekend in May when it hosts its own Grand Prix.

The combination of Formula One racing cars and the continent’s wealthiest sees Monaco hosting a heady mix of the wild and the wonderful. The Monaco Grand Prix is considered as one of the top sporting events of the world and a must-attend for all famous sport stars, actors, models and businessmen. While most of the glitterati turn out for the Grand Prix to be seen by the world media, the event is also the time when multi-billion dollar deals are struck in sports, property and businesses.

The Monaco Grand Prix was started in 1929 when it was first organized by Monte Carlo resident and president of the Automobile Club de Monaco, Anthony Noghes. Since then the Grand Prix has transformed the second-smallest country in the world to a destination of choice for all those who like to lead the good life. Besides the Grand Prix, Monaco has another major event in its social calendar , its very own Yacht Show which too attracts the hordes of rich and beautiful from across the world.