Monaco harbour - Photo Credit: Alastair Staley/GP2 Media Service

GP3 chiefs have managed to find somewhere in Monaco to locate their paddock, presumably without having to float it in the harbour - Photo Credit: Alastair Staley/GP2 Media Service

GP3 Series organisers have confirmed that the championship will race on the streets of Monte Carlo for the first time in 2012.

The series had been looking to join its big brother GP2 in supporting the Monaco Grand Prix since its inception in 2010, but had been unable to find a suitable place to locate the paddock for their 30 cars in the tightly-packed Principality.

The announcement means that GP3 will now race at all European Grands Prix. The season will consist of eight rounds, as per the previous two years prior to the loss of the Istanbul round from the calendar. Monaco will form the second round of the 2012 season, two weeks after the season opener in Barcelona.

“I am delighted to announce that Monaco has been confirmed on the 2012 GP3 Series calendar,” said Series CEO Bruno Michel. “It was quite a task to study all logistic options to fit our paddock in an already busy environment.

“Thanks to Automobile Club de Monaco and Formula One Management it's all come together fine.  This is a fantastic exposure opportunity for the Series and for the drivers to showcase their talent around the challenging streets of Monaco and to provide, as usual, a great show”