Obviously, I know F1 raced here. F1 races in monaco too, can't say it's really fitting.
When I say fitting, I don't mean fitting for world class drivers who have done tons of laps of practice, I mean fitting for dudes who don't have much time to practice and are just on to have some fast fun. I can already see the havoc the high kerbs and slow tight chicanes will wreak on the already unstable under acceleration formula v12s. IMO, a track fits If, lets say, the track is wide enough, the walls aren't too close (more room for mistakes), and there are safe overtaking opportunities. Can't say that too much about this track. So generally, a track that is more forgiving is better in the formula class for club races. Maybe brands hatch will be more fitting (If I recall the track correctly, which I can't honestly say).