However, a nice view doesn't explain why Monaco boasts such an over-sized status in Formula 1, especially given the options available to drivers around the globe.
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Monaco covers a total area of 0.8 square miles (2.08km²) yet 13 drivers call it home – that means on average you're never more than 0.06 square miles away from a Formula 1 driver in the territory!
Why do F1 drivers live in Monaco?
Let's cut to the chase: Zero. Personal. Income. Tax. That means no requirement to pay taxes on income, wealth, properties, capital gains or even local taxes.
But why Monaco? There are other tax-friendly nations around the globe, so why do Formula 1 stars cram into the same square mile?
Its location also makes it ideal for drivers to scoot around the continent with 14 of this season's 24 races staged across the Middle East and Europe, including one in Monte Carlo.
And then there's the fact that Monaco boasts a special place in the heart of every Formula 1 fan or driver thanks to the Monaco Grand Prix.
As cars have expanded by all dimensions, calls to drop the race from the schedule have grown louder due to a perceived lack of action, but it remains the ultimate race to win. Every driver wants it.
The Monaco Grand Prix will air live on Sky Sports F1 from 12:30pm.
You can add Sky Sports channels from just £20 per month.
Find out more about the best Sky packagesLive stream the Monaco Grand Prix online
You can watch the Grand Prix with a NOW Day Membership for £14.99, or a Monthly Membership for £29.99, all without signing up to a contract.
Check out more of our Sport coverage or visit our TV Guide and Streaming Guide to find out what's on. For more from the biggest stars in TV, listen to The Radio Times Podcast.
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