Monte Carlo has for decades been visited by royalty as well as commoners and movie stars. James Bond, fictional British spy and hero of the James Bond movie series, frequented the city's glamorous, Edwardiancasino. In 1873Joseph Jaggers became "the man who broke the bank at Monte Carlo" by discovering and capitalizing on a bias in one of the casino's roulette wheels. Technically the bank in this sense is the money held by the croupier: according to an article in The Times in the late 19th century, it was thus possible to break the bank several times.
Many people think that Monte Carlo is the capital of the country Monaco, but Monaco is its own capital : the city and the state boundary overlap each other, and Monte Carlo is only a district of Monaco.
Monaco is big enough to walk around, however note the town is perched on a Cliffside so there can be lots of hills to negotiate.
Although the city streets of MonteCarlo have far outgrown the 800hp monsters that roar around it in usually perfect weather conditions, and there is often talk of removing it from the calendar, the location seems one of the few mainstays in a sport undergoing many changes.
Monaco is a dream left over from the 60s jet set that lives on in blissful ignorance of a thousand European revolutions, and long surpassed in style and substance by more sophisticated European cities like Barcelona and Milano.