Many people say that Monaco is a boring circuit, because the circuit model is narrow, lacks show, etc., but we can't separate Formula 1 and Monaco, the circuit holds historical, prestigious, and iconic value - every time there is a race, many billionaires from all over the world come to that place just to relax and watch the race, it is one of the important racing agendas for F1 and they don't want to lose a place as iconic as this.
Why can't we separate it? Because of these long extensions at all times. Believe me, if it didn't get extended like this every single time it ends, then we wouldn't even be remembering it now, but because it somehow keeps getting extensions, we keep seeing this. All in all, the only reason is money, F1 makes way too much money at Monaco, and that is why they are extending, has nothing to do with the race itself at all.
It's quite obvious that it's the most boring track in the whole season, and it has absolutely no possible overtaking chances, only a few of them happens, I remember one year, can't remember which, there was a total of 8 overtakes all race long, 8!, there are races where we see 8 overtakes in a single lap, consider how boring Monaco can be. This is why Monaco shouldn't be there, but I will give them one boring race, if it makes them enough money to keep this whole thing going, then we can just accept the way it is right now and move on.