The Principality of Monaco paid tribute to the memory of Juan Manuel Fangio, a five-time Formula One world champion, with a life-sized bronze statue of the Argentine driver. It was at this location that he won races in 1950 and 1957.

Fangio, also known as El Chueco, was considered one of the best Formula One car drivers in the world. The statue of the famed driver was dedicated by Prince Albert of Monaco. The event was attended by other car drivers like Emerson Fittipaldi and Niki Lauda. 

The artwork was crafted by Spanish sculptor Joaquim Ros Sabaté and is located near the entrance to the city of Monaco. There are five other sculptures by Ros Sabaté located around the world of the driver. However, this one in particular stands out because it’s located right on the Rascasse curve of the Monaco street circuit.

The sculpture depicts Fangio leaning on his Mercedes Benz W196 which earned him one of his victories at the Monaco Grand Prix.