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Monaco Grand Prix 2016
By Matthew Knight, CNN
Updated
7:58 AM EDT, Fri May 27, 2016
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The Monaco Grand Prix made its Formula One debut in 1950 but races have been held in the principality since 1929.
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The 2.07-mile (3.34-kilometer) circuit runs around Monte Carlo's famous streets, including Casino Square.
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The rich and famous watch the race from yachts lining the harbor.
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Monaco's famous Fairmont hairpin -- the slowest corner on the F1 calendar. Drivers tiptoe around it at just 31 mph (50 kph).
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Graham Hill won in Monaco five times during an 18-year F1 career. Here he is racing during the 1965 grand prix where he was crowned champion for the third time despite having to push his car back on track and restart it after taking avoiding action up an escape road.
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Hill was one of F1's great characters, whose record in the principality earned him the nickname "Mr Monaco."
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Hill seen here showing his son, Damon, the ropes at Silverstone in 1967. Hill Jr. would follow in his father's footsteps winning the F1 world title in 1996. Graham won the title twice -- in 1962 and 1968 -- before tragically being killed in a plane crash in 1975.
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This year marks the 50th anniversary of Hill's solitary success at the Indianapolis 500.
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Jackie Stewart refuels after winning the first of his three Monaco titles in 1966. Stewart began his F1 career partnering Hill at the BRM team. "Graham was the man at that time and I learned a lot from him... it was a happy relationship -- he was a gentleman on the race track," Stewart told CNN.
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There has been just one fatality at the Monaco GP. In 1967, Italian motor racing driver Lorenzo Bandini lost control of his Ferrari at the harbor chicane and crashed before his car burst into flames. Bandini would succumb to his injuries three days later.
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Hill's record of five victories in Monaco lasted more than two decades before being broken by the great Ayrton Senna. The Brazilian can be seen here driving to victory for the sixth and final time in 1993.
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Senna won a remarkable five consecutive Monaco races from 1989-1993.
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Hill's haul of five victories was equaled by Michael Schumacher in 2001.
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Another German, Nico Rosberg (seen here crossing the line in 2015) has dominated the race in recent seasons. The Mercedes driver will be hoping to take the checkered flag for a fourth consecutive time in 2016.
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Rosberg's teammate Lewis Hamilton will be looking to improve his Monaco GP record. The Briton has won in the principality once -- in 2008. At last year's race he was leading before his Mercedes team miscalculated a pit stop, handing victory to Rosberg.
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All eyes will be on Max Verstappen at this year's race. After his sensational win at the Spanish Grand Prix two weekends ago, the Dutch teen, who became F1's youngest-ever winner in Barcelona, will be looking to upset the odds again on the streets of Monte Carlo.