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The FIA has just confirmed that the Formula 1 Dutch Grand Prix 2020, Formula 1 Spanish Grand Prix 2020 and Formula 1 Monaco Grand Prix 2020 will be postponed.
The FIA and Formula 1, who are regularly monitoring the evolving COVID-19 epidemic, are now hoping to begin the 2020 Championship season “as soon as it is safe to do so after May.”
In a online statement, the FIA stated “Due to the ongoing and fluid nature of the COVID-19 situation globally, the FIA, Formula 1 and the three promoters have taken these decisions in order to ensure the health and safety of the travelling staff, championship participants and fans, which remains our primary concern.”
Scheduled for May 21-24, 2020, the Monaco Grand Prix represents 5% of the country's annual revenue. This will be a blow to the local hospitality industry, already suffering with the complete closure of restaurants and cafés.
There has been offical comment from the palace as it was announced an hour ago that Prince Albert has tested positive for coronavirus.
Nancy (Wilson) Heslin is an established journalist and lifestyle writer. She has been the Editor-in-Chief of Forbes Monaco magazine (bimonthly in English) , since the magazine's 2nd issue . Launched in November 2018, Forbes Monaco is part of the Forbes family, with its 7 million readers and 71 million monthly website visitors worldwide.