With F1 getting close to its limit of 24 races, and new grands prix coming on board in Las Vegas and Qatar, there is increasing competition among the current venues to retain their places on the calendar.
F1 CEO Stefano Domenicali has been clear that even classic circuits need to earn their spot and cannot rely on past glories to guarantee future grands prix.
That talk has prompted suggestions that Monaco could be one of the races under threat, especially as it is an outlier on F1’s business model in terms of rights hosting fee and its television production.
Frenchman Gasly said he would find it difficult to accept Monaco losing its place, as the race has been such an iconic event in F1’s history.
“That would be a bit of a shocker if Monaco gets taken out of the calendar,” said the AlphaTauri driver. “It's probably the most iconic race in the world.
“Talking to non-F1 fans, everyone had heard about Monaco for various reasons, whether it's racing, whether it's party-related, whether it's all of the action that happens around the grand prix. It's a very iconic weekend.
“I think, and I really hope, we get to experience it as drivers because it's probably the toughest track of the season, the most challenging, and is my favourite one.”
Gasly said that a number of historic venues – like Spa-Francorchamps as well – were important enough to remain as ever-presents on the calendar.
“Obviously to me, I have a very special attachment to these races,” he said. “My home race (France), and Monaco kind of feels like a home race, then Spa is the closest race from my home town, so I usually have a lot of support there.
“I think they are very iconic tracks, especially Spa and Monaco, they are my two favourite tracks. I think they are part of the history and DNA of Formula 1 and they should be on the calendar every year.
“We know F1 nowadays, there are a lot of things involved in how to plan the whole season, so we'll see what happens. But personally, I really hope we can keep them over the next few years."
Monaco’s F1 contract expires after this year’s race, but the Automobile Club de Monaco’s president, Michel Boeri, said this week he was adamant a new deal would get sorted with F1.
"I'd like to refer to what has been read in the press, where it is said that we may struggle to keep organising grand prix races beyond the 2022 event, so as early as next year,” Boeri said at an event with the marshals ahead of next month’s race, according to La Gazette de Monaco.
“It was implied that the fees required by Liberty [Media] were too excessive for Monaco and the Grand Prix would no longer be held.
“That's untrue. We are still in talks with them and must now seal the deal with a contract.
“I can guarantee you that the grand prix will keep taking place beyond 2022. I don't know if it will be a three- or five-year contract, but that's a detail.”