Among all the car races and of all types of car races, nothing draws the crowds and the money like that of Formula 1 Grand Prix. And of all the Grand Prixs, nothing brings in the most glamour and the paparazzi like the Monaco Grand Prix.  

Held every year in late May, (this year, it will be on 27 May), it promises to be an event like none other. The host, Monaco, an ancient Independent State on the shores of Mediterranean Sea between Italy and France is a gambling hub of the mainland Europe.  

And what could be a better chance for rich Europeans and even Asians to bet than the Grand Prix, itself.  

On main reason that Monaco Grand Prix attracts such crowds is that the race is not confined to a closed race-track. Instead, the car race down the narrow streets that winds down the city-state of Monaco.  

Hence, all the would-be spectators has to do, is book a room at any one of hotels present on the route, and in return, they will be guaranteed a view that is unparallel in the world of car racing.