The Monaco Grand Prix has everything you could want in a luxury vacation: yachts, champagne, celebrities, and of course absurdly fast cars. But believe it or not, that's just the icing on the cake for the world-famous Formula 1 race that draws the highest caliber of spectators from all over the world. When it comes to exclusive cities, Monaco can compete with the best of them. And the Monaco Grand Prix is the pinnacle event. It is like Mardi Gras in New Orleans, Paris during Christmas, or New York City during spring. If you have a chance to experience one of these events in your lifetime, you must, and the Grand Prix is no different.