Monte Carlo Automobile was created in 1983.

The Monte Carlo Rally, an automobile racing contest, was won in 1986 by Henri Toivonen and Sergio Cresto. They drove the Martini Lancia and Lancia Delta S4.

My Guess automobile Racing. there is both a Monaco GP ( using the streets of the town as a race track- a tough one with many gear changes)- and also the Rallye Monte-Carlo which is a distance event that has differing destinations and is intended for production sports and touring cars- not purpose-built racers.

Yes, Monte Carlo is in Monaco.

Monte Carlo is in Monaco ! There are 350 kms from Montpellier to Monte Carlo