| Round details | |||
|---|---|---|---|
|
Round 3 of 11 rounds in the 2014 GP2 Series | |||
 Layout of the Circuit de Monaco | |||
| Location | Circuit de Monaco, Monte Carlo, Monaco | ||
| Course |
Street circuit 3.340 km (2.075 mi) | ||
| Feature race | |||
| Date | 23 May 2014 | ||
| Laps | 40 | ||
| Pole position | |||
| Driver |
 Jolyon Palmer | DAMS | |
| Time | 1:20.774 | ||
| Podium | |||
| First |
Jolyon Palmer | DAMS | |
| Second |
 Mitch Evans | RT Russian Time | |
| Third |
 Felipe Nasr | Carlin | |
| Fastest lap | |||
| Driver |
Jolyon Palmer | DAMS | |
| Time | 1:23.008 (on lap 19) | ||
| Sprint race | |||
| Date | 24 May 2014 | ||
| Laps | 30 | ||
| Podium | |||
| First |
 Stéphane Richelmi | DAMS | |
| Second |
 Sergio Canamasas | Trident | |
| Third |
 Rio Haryanto | EQ8 Caterham Racing | |
| Fastest lap | |||
| Driver |
Stefano Coletti | Racing Engineering | |
| Time | 1:23.331 (on lap 9) | ||
The 2014 Monaco GP2 Series round was a pair of motor races held as part of the GP2 Series on 23 and 24 May 2014 at the Circuit de Monaco in Monte Carlo, Monaco. It was the third round of the 2014 GP2 Series and was run in support of the 2014 Monaco Grand Prix. The first event, a 40-lap feature race, was won by DAMS driver Jolyon Palmer who started from pole position. Mitch Evans finished second for Russian Time and Carlin's Felipe Nasr took third. Palmer's teammate Stéphane Richelmi won the shorter 30-lap sprint race from second the following day, ahead of Trident driver Sergio Canamasas and Rio Haryanto of Caterham Racing.
Palmer won the pole position for the feature race by setting the fastest lap in qualifying but Evans made a brisk getaway to take the lead. Evans lost grip in his super soft compound tyres and Palmer overtook him for the lead at the start of lap 11. Palmer kept the lead for most of the remaining 29 laps to win the race with the first three finishers separated by six-tenths of a second. Richelmi started from pole position in the sprint race and held off Haryanto to lead into Sainte Devote. Richelmi withstood race-long pressure from Canamasas to achieve his maiden GP2 Series victory on his 54th attempt.
The results increased Palmer's advantage atop the Drivers' Championship to 46 points ober Nasr who gained second as a result of finishing second in the feature race. Johnny Cecotto Jr. passed Julián Leal, who scored no points in both races and fell to fourth. Arthur Pic was fifth with 40 points. DAMS now led the Teams' Championship with 135 points and Carlin were demoted to second with 30 less points. Trident and Campos Racing were third and fourth with eight rounds left in the season.