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People are only just realising why F1 drivers live in Monaco
F1 drivers live in Monaco? With its beautiful scenery, luxurious location and temperate climate, there are more than a few reasons why the great and good of motorsport, including Lewis Hamilton, might decide to base themselves in the stunning French principality. But there's one three letter word that probably matters above all else when considering the lure of Monaco. And that word is 'tax.' Monaco has extremely favourable tax laws, to put it mildly.