The erratic yearly variations in Monaco's qualifying regulations saw grid places guaranteed for works teams and past winners in 19612. Therefore the five works teams were awarded two places each on the grid, and Stirling Moss and Maurice Trintignant qualified as the past winners. Leaving nine drivers to fight over four places, a fifth place opened up when Innes Ireland crashed during the final practice session, breaking his leg. Stirling Moss took pole position from Richie Ginther and Jim Clark, with Graham Hill and Phil Hill on the second row.
Race
Ginther led Clark and Moss into the first corner but Clark quickly became a non-factor with a faulty fuel pump. Ginther fell to third on lap 14 when Moss and Bonnier passed him at almost the same time. At quarter distance Moss had an impressive 10 second lead but the Ferrari's of Hill and then Ginther found their way around Bonnier and began to close the gap. At half distance it was 8 seconds then 3 seconds at lap 60. Ginther moved into second on lap 75 and tried to close the gap but Moss was up to the challenge. They even set equal fast laps on consecutive laps: Ginther on lap 84, Moss on 85.