The Principality of Monaco is a tiny independent city-state located on the French Riviera. Despite its small size, it is famous for its luxurious lifestyle, high-end casinos, and stunning Mediterranean coastline. The beauty of Monaco also lies in its history and architecture, with grand palaces and cathedrals such as the Prince's Palace and the Monaco Cathedral. Monaco's royal family, the Grimaldis, have ruled for over 700 years and their influence is still visible throughout the city-state. Monaco is also renowned for hosting the Formula One Monaco Grand Prix, considered one of the most prestigious automobile races in the world.