After the cancelation of the 2020 Monaco Grand Prix (GP) due to the COVID-19 pandemic, the 2021 edition of the Monaco race will welcome a limited number of spectators on May 23, F1 chief executive officer Stefano Domenicali said on Sunday.

However, races in Portugal next weekend and in Spain on May 9 will still be held behind closed doors, Domenicali added.

"We are monitoring the situation on a daily basis, which is changing hour by hour," Domenicali told Sky TG24. "In the next Grands Prix of Portugal and Spain, unfortunately, we will not have anyone, but Monaco is presented as the first where a limited number of people should be admitted on Sunday."

"It gives us hope for the future, because if the situation improves there will be a gradual reopening and fans will have the opportunity to participate. There is an incredible physical desire for Formula One, not just on television," he added.

The Japanese Grand Prix will remain at Suzuka circuit until at least the end of the 2024 season, F1 and circuit owners announced a three-year contract extension on Saturday.

The Suzuka circuit hosted its first F1 race in 1987 and has provided the decider for 11 drivers' championships.

"This extension is part of our long-term commitment to growing the sport in Asia, and we are pleased to be able to continue our successful relationship with Mobilityland," said Domenicali in a statement.

As Mobilityland is a subsidiary of Honda, Red Bull's engine partners Honda are leaving the sport at the end of this season.

Japan has a new young talent in 20-year-old rookie Yuki Tsunoda, who is the country's first grand prix driver since 2014.

(With input from Reuters)