"It is my favourite race weekend of the year since forever. I just like the tradition here, the history.
"I like the atmosphere in the city during the race weekend, the walk in the morning from the other bay into the city and [again] in the evening.
“Therefore, I would be very happy if we could keep coming to Monaco."
Monaco bill comes due
While Monaco has enjoyed a favourable deal with F1 for many years, Liberty Media and F1 CEO Stefano Domenicali are now seeking an increase that is adding pressure on race organisers, the Automobile Club de Monaco.
“In the end, how the race calendar looks is a decision that Stefano has to make," added Seidl.
"As you know, there is huge interest from a lot of different venues to host a race but at the same time, Stefano, as a racing guy with a long career in Formula 1, is aware it is important to have the right mix between the traditional races plus new venues.
“Last but not least, the financial aspects also play an important role. In the end, I will leave that to Stefano to decide what that will look like in the future.
“So does Monaco need Formula 1? I can’t judge. Does Formula 1 need Monaco? From a personal point of view, yes.
"But obviously, there is a bigger picture I just explained that needs to be considered."
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