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| Date | Sunday 31 May 1981 |
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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 76 laps |
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| Race | 7 of 16 |
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| Championship race | 348 |
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| Laps | 76 |
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| Circuit Perimeter | 3312 m |
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| Race Distance | 3312 × 76 = 251.712 km |
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| Grid Format | 2-2-2-2 (staggered) |
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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, Hot, Dry |
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| Entries | 31 |
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| Qualifiers | 20 |
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| Finishers | 7 |
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| Championship Debutants |
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| Milestones | Car 15 - 200th Race Entry (Car Number)
Car 27 - 10th Win (Car Number)
Car 36 - 100th Race Entry (Car Number)
Alan Jones - 10th Fastest Lap (Driver)
Brabham - 25th Pole Position (Car Manufacturer)
Marc Surer - 20th Race Entry (Driver)
Osella Squadra Corse - 25th Race Entry (Entrant)
Osella - 25th Race Entry (Car Manufacturer)
Team ATS - 25th Race Entry (Entrant)
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| Records Broken |
None
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| Records Extended |
1. Most Constructors' Championship Points Scores – Ferrari (283),
2. Most Retirements – Lotus (392),
3. Most Podium Finishes – Ferrari (270),
4. Most Drivers' Championship Points Scores – Ferrari (415),
5. Most Race Wins – Ferrari (81),
6. Most 4th Place Finishes – Ferrari (68),
7. Most Races Led – Ferrari (199),
8. Most Laps Led – Ferrari (5625),
9. Most Race Entries – Lotus (902),
10. Most 2nd Place Qualifications – Ferrari (89),
11. Most 4th Place Qualifications –  Carlos Reutemann (17)
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