Louis II, Prince of Monaco
On 26 June 1922, Prince Albert I died in Paris. Louis Grimaldi ascended to the throne as Louis II, Prince of Monaco. While his reign never achieved the grandeur of his father, Louis II left an indelible imprint on the tiny principality. In 1924 the Monaco Football Club was formed and in 1929, the first Grand Prix of Monaco automobile race was held, won by Charles Grover (aka "Williams") driving a Bugatti painted in what would become the famous British racing green color. He collected artefacts belonging to Napoleon I which are now assembled and displayed in the Napoleon Museum attached to the Royal Palace in Monte Carlo.
Prince's Palace of Monaco
The successive rulers of Monaco tended to live elsewhere and visit their palace only occasionally. Charles III was succeeded in 1889 by Albert I. Albert married Lady Mary Victoria Douglas-Hamilton, a daughter of Scotland's 11th duke of Hamilton, and his German wife, a princess of Baden. The couple had one son, Louis, before their marriage was annulled in 1880. Albert was a keen scientist and founded the Oceanographic Institute in 1906; as a pacifist he then founded the International Institute of Peace in Monaco. Albert's second wife, Alice Heine, an American banking heiress who was the widow of a French duke, did much to turn Monte Carlo into a cultural centre, establishing both ballet and the opera in the city. Having brought a large dowry into the family she contemplated turning the casino into a convalescent home for the poor who would benefit from recuperation in warm climes. The couple, however, separated before Alice was able to put her plan into action.