On May 23rd, during this year’s Monaco Grand Prix weekend, the legacy of Juan Manuel Fangio was honored when a life-size bronze statue of him standing next to his Mercedes Benz W196 was unveiled at the entrance to the pitlane near Rascasse corner. Taking part in the unveiling were Jochen Maas, Nike Lauda, David Coulthard, Emerson Fittipaldi, Prince Albert of Monaco and DaimlerChrysler board member Prof. Jurgen Hubbert. According to Hubbert, “Fangio’s name stands for motor racing passion, fair play and sportsmanship. The statue at this traditional location pays homage to a great racing driver and underlines his importance in the world of sport.”