Home / Social media / News / Why Is Monaco An Attractive Living Spot For Formula 1 Drivers

WHY IS MONACO AN ATTRACTIVE LIVING SPOT FOR FORMULA 1 DRIVERS

Let us have a look at why Monaco seems to be such an attractive living destination for Formula 1 drivers.

The sovereign city of Monaco is without a doubt one of the world's most exclusive touristic hotspots that has grown a reputation of being associated with the Formula 1 lifestyle.

Monaco is home to some of the world's most famous celebrities, including Formula 1 drivers such as Nico Rosberg, Daniel Ricciardo, Max Verstappen, Charles Leclerc and Mika Häkkinen.

But why Monaco? Well, aside from the romanticism and exclusivity of the city which overlooks the stunning Mediterranean sea, residents don't pay exorbitant amounts of tax, nor does the tax increase proportionally to a residents income, regardless of how much you earn.

Furthermore, Monaco has a rich history of Formula 1 and motorsport in general so, if your lifelong career and passion is to do with motorsport, your can guarantee that Monaco will continue being a destination for enthusiasts for many years to come.

Take a look at the video below by YouTube channel, GPFans Global, on Why Is Monaco An Attractive Living Spot For Formula 1 Drivers?


Be sure to check out our YouTube channel here for more exciting and exclusive SXdrv content! And don't forget to smash that subscribe button!


LATEST
Formula 1 Top Ten Overtakes Of The Decade
A Funny Compilation Of Bad Drivers
Tesla Drivers Fall Asleep At The Wheel
RedBull Sets New Pitstop World Record Of 1.88 Seconds In Formula 1 German Grand Prix
Top 10 Funniest Formula 1 Press Conferences!
Top 10 Formula 1 Car Design Secrets
Harley Quinn Goes Green And Boosts Nissan’s New Formula E
What Is Formula E? Everything You Need To Know And Why It Will Change The World
Video: This Mechanic Built His Own F1 Car