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| Date | Sunday 21 May 1950 |
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| Start time | 14:00 |
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| Event | Monaco GP |
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| Circuit | Monte Carlo |
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| Event Format | Race of 100 laps |
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| Race | 6 of 24 |
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| Championship race | 2 |
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| Laps | 100 |
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| Circuit Perimeter | 3180 m |
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| Race Distance | 3180 × 100 = 318.000 km |
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| Grid Format | 3-2-3-2 |
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| Pole Position | Right |
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| First Corner | Right |
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| Track Direction | Clockwise |
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| Weather | Sunny, Fresh, Dry |
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| Entries | 21 |
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| Qualifiers | 21 |
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| Finishers | 7 |
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| Championship Debutants | Alberto Ascari (Driver),
Alfredo Piàn (Driver),
Franco Rol (Driver),
Harry Schell (Driver),
José Froilan González (Driver),
Luigi Villoresi (Driver),
Maurice Trintignant (Driver),
Peter Whitehead (Driver),
Raymond Sommer (Driver),
Robert Manzon (Driver),
Cooper (Car Manufacturer),
Ferrari (Car Manufacturer),
Simca-Gordini (Car Manufacturer),
Ferrari (Engine Manufacturer),
JAP (Engine Manufacturer),
Simca-Gordini (Engine Manufacturer),
Cooper T12 (Car Model),
ERA A (Car Model),
Ferrari 125 (Car Model),
Simca-Gordini T15 (Car Model),
26 (Car Number),
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28 (Car Number),
32 (Car Number),
34 (Car Number),
36 (Car Number),
38 (Car Number),
40 (Car Number),
42 (Car Number),
44 (Car Number),
48 (Car Number),
50 (Car Number),
52 (Car Number),
Ecurie Rosier (Entrant),
Equipe Gordini (Entrant),
Horschell Racing Corporation (Entrant),
Peter Whitehead (Entrant),
Philippe Étançelin (Entrant),
Scuderia Achille Varzi (Entrant),
Scuderia Ferrari (Entrant),
Monaco GP (Event),
Monte Carlo (Circuit),
Monte Carlo (3180 m) (Circuit Layout)
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| Milestones | Car 34 - 1st Fastest Lap (Car Number)
Car 34 - 1st Pole Position (Car Number)
Car 34 - 1st Win (Car Number)
Juan Manuel Fangio - 1st Fastest Lap (Driver)
Juan Manuel Fangio - 1st Pole Position (Driver)
Juan Manuel Fangio - 1st Win (Driver)
Maserati - 10th Race Entry (Car Manufacturer)
Maserati - 10th Race Entry (Engine Manufacturer)
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| Records Broken |
1. Most Retirements –  Emmanuel de Graffenried (2),
2. Most Consecutive Drivers' Championship Points Scores – Alfa Romeo (2),
3. Most Consecutive Retirements – Alfa Romeo, ERA, Talbot-Lago, Maserati (2),
4. Most Consecutive Retirements – Emmanuel de Graffenried (2),
5. Most Consecutive Race Wins – Alfa Romeo (2),
6. Most Consecutive 6th Place Finishes – ERA (2),
7. Most Consecutive 6th Place Finishes –  Bob Gerard (2),
8. Highest 4th Place Finish Ratio – Ferrari (25.00%),
9. Most Retirements in a Season – Emmanuel de Graffenried (2),
10. Most Races Led –  Juan Manuel Fangio (2),
11. Most Laps Led – Juan Manuel Fangio (101),
12. Most Race Entries – Bob Gerard, Cuth Harrison, Emmanuel de Graffenried,  Johnny Claes, Juan Manuel Fangio,  Louis Chiron,  Louis Rosier,  Luigi Fagioli, Nino Farina, Philippe Étançelin,  Prince Bira (2)
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| Records Extended |
1. Most Retirements – Maserati (7),
2. Most Podium Finishes – Alfa Romeo (4),
3. Most Drivers' Championship Points Scores – Alfa Romeo (4),
4. Most Race Wins – Alfa Romeo (2),
5. Most 6th Place Finishes – ERA (2),
6. Most 6th Place Finishes – Bob Gerard (2),
7. Highest Race Win Ratio – Alfa Romeo (28.57%),
8. Highest 6th Place Finish Ratio – ERA (33.33%),
9. Most Retirements in a Season – Maserati (7),
10. Most Drivers' Championship Points Scores in a Season – Alfa Romeo (4),
11. Most Race Wins in a Season – Alfa Romeo (2),
12. Most 6th Place Finishes in a Season – ERA (2),
13. Most 6th Place Finishes in a Season – Bob Gerard (2),
14. Most Fastest Laps – Alfa Romeo (2),
15. Most Fastest Laps in a Season – Alfa Romeo (2),
16. Most Races Led – Alfa Romeo (4),
17. Most Laps Led – Alfa Romeo (170),
18. Most Race Entries – Maserati (12),
19. Most Perfect Weekends – Alfa Romeo (2),
20. Most Poles – Alfa Romeo (2),
21. Most 2nd Place Qualifications – Alfa Romeo (2),
22. Most 8th Place Qualifications – Maserati (2),
23. Most 20th Place Qualifications – Maserati (2),
24. Most Poles in a Season – Alfa Romeo (2),
25. Most 2nd Place Qualifications in a Season – Alfa Romeo (2),
26. Most 8th Place Qualifications in a Season – Maserati (2),
27. Most 20th Place Qualifications in a Season – Maserati (2)
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