On the present F1 grid, no fewer than 16 of the 22 drivers have settled in Monaco, together with Max Verstappen and Lewis Hamilton. This has every little thing to do with the favorable tax local weather, in addition to the privateness, security, and central location relative to most European races. Nonetheless, there are a couple of notable exceptions.
Verstappen has lived in Monaco since 2015. For a very long time, the four-time world champion resided within the Fontvieille district, however he has since moved to Le Renzo, some of the unique residential buildings within the new Mareterra district. Costs for residences within the complicated vary from round €65 million to properly over €77 million.
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There are, nevertheless, outliers: in the identical constructing, a residence was offered for a reported €471 million, which, in keeping with numerous media retailers, can be the most costly residence sale ever. The residence spans 5 flooring and contains, amongst different issues, 21 rooms, a personal pool, a jacuzzi, and eight parking areas.
The constructing the place Verstappen lives seems to be a well-liked residential vacation spot. Charles Leclerc additionally lives in the identical constructing. In line with the Ferrari driver, Fernando Alonso can also be stated to have settled there, though this has by no means been formally confirmed by the two-time world champion himself. Alonso additionally owns a big villa in his hometown of Oviedo, the place his museum and karting circuit are positioned.
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Hamilton and Norris additionally reside in Monaco
The seven-time world champion has additionally been one in all Monaco’s well-known residents for years. Nonetheless, he hasn’t put all his eggs within the principality’s basket, as he additionally owns properties in London, New York, and Colorado, amongst different locations.
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Lando Norris, George Russell, Carlos Sainz, Alexander Albon, Oscar Piastri, Liam Lawson, Gabriel Bortoleto, and Nico Hulkenberg additionally reside within the principality.
For a variety of drivers, the transfer is comparatively current. Oliver Bearman swapped Maranello for Monaco forward of his first full Method 1 season. Earlier than that, the Brit lived near the Italian staff’s manufacturing facility as a Ferrari junior. Franco Colapinto nonetheless calls Buenos Aires residence, however is alleged to have additionally moved to Monaco in 2026 after securing a full-time seat at Alpine.
Valtteri Bottas and Sergio Perez additionally reside within the principality. Each additionally keep a robust connection to their residence nations. Bottas owns properties in Finland and Australia, whereas Perez additionally has a house in Mexico. The Mexican stayed there for an prolonged interval throughout his hole yr.
Many drivers naturally preserve to themselves the place their place is. It’s identified, nevertheless, that Fontvieille was significantly well-liked amongst F1 drivers for a few years. The brand-new Mareterra, the place Verstappen and Leclerc reside, is now additionally attracting increasingly more rich residents.
Le Renzo within the new Mareterra district in Monaco – Photograph: Wikimedia Commons
Le Renzo within the new Mareterra district in Monaco – Photograph: Wikimedia Commons
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Why accomplish that many F1 drivers reside in Monaco?
There are a number of the reason why so many Method 1 drivers select to reside in Monaco. The most effective-known is the favorable tax local weather: residents of the principality typically don’t pay revenue tax. For drivers with multimillion-euro incomes, that may naturally make a major distinction.
However Monaco gives benefits past the monetary image. The principality is thought for its security and privateness. Furthermore, Good Airport is close by and lots of European Grands Prix are comparatively straightforward to succeed in. For drivers who’re on the highway virtually all yr, Monaco is subsequently additionally a virtually enticing residence base.
Why these F1 drivers do not reside in Monaco
Whereas 16 of the 22 drivers might have a house in Monaco, the opposite six have consciously or for sensible causes chosen a special place to reside. Kimi Antonelli lives in San Marino, not removed from his birthplace of Bologna. Like Monaco, the microstate gives a sexy tax local weather.
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Esteban Ocon has chosen Geneva as his residence base, and Lance Stroll can also be stated to reside in Switzerland. The nation has lengthy been well-liked amongst rich athletes and entrepreneurs. Pierre Gasly, however, lives in Milan, whereas Verstappen’s teammate, Isack Hadjar, lives in his hometown of Paris.
There’s a logical clarification for why Gasly, Ocon, and Hadjar don’t reside in Monaco. As a result of tax treaty between France and Monaco, French residents typically don’t profit from the identical benefits as many overseas residents of the principality. For them, transferring to Monaco is subsequently a lot much less enticing financially.
Arvid Lindblad intentionally chooses a life removed from the F1 world
Arvid Lindblad might have essentially the most surprising place of residence of all of them. The Racing Bulls driver lives simply exterior Lisbon in Portugal and acknowledged in the summertime of 2026 that he has no need to maneuver to Monaco in the intervening time. For Lindblad, the reasoning has little to do with tax advantages or journey instances. He needs to maintain his non-public life as separate as potential from Method 1 and subsequently consciously chooses to reside in a quiet place the place he will not be acknowledged every day or run into his colleagues.
