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 Grimaldi's occupation of their palace is also unusual because, unlike other European ruling families, the absence of alternative palaces and land shortages have resulted in their use of the same residence for more than seven centuries. Thus, their fortunes and politics are directly reflected in the evolution of the palace. Whereas the Romanovs, Bourbons, and Habsburgs could, and frequently did, build completely new palaces, the most the Grimaldi could achieve when enjoying good fortune, or desirous of change, was to build a new tower or wing, or, as they did more frequently, rebuild an existing part of the palace. Thus, the Prince's Palace reflects the history not only of Monaco, but of the family which in 1997 celebrated 700 years of rule from the same palace.