Jun 7, 2014, 11:33 AM EST
Formula 1 will continue to visit in Canada for the next ten years after a contract extension was announced today.
Officials at the Circuit Gilles Villeneuve confirmed today in a press conference that a deal has been struck with Formula 1, ensuring that the sport will continue to visit the circuit in Montreal for another 10 years.
As part of the deal, a sizeable amount of money will be invested in the circuit to allow the paddock and facilities to be refurbished and upgraded.
The race has regularly appeared on the calendar ever since 1967, and is a firm favorite among the drivers, teams and fans, meaning that this announcement will certainly be a popular one.
Despite its popularity, the race has come under threat a number of times. In 2004, it was omitted from the initial calendar before sufficient funding was found to ensure that the race went ahead, whilst it did not take place in 2009 before returning in 2010.
With the Circuit of the Americas in Austin, Texas, currently holding a contract to host F1 until the end of 2022, this new deal for Montreal ensures that there will be at least two events in North America for the next eight years.
Mar 5, 2015, 6:44 PM EST
“The Giz” heads to V8SC’s biggest team in a three-year deal as the team’s third car.
Mar 5, 2015, 6:13 PM EST
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Mar 5, 2015, 5:23 PM EST
“SK$” turns 20. Sage Karam will make his second IndyCar start at season-opening race in St. Petersburg.
Mar 5, 2015, 5:00 PM EST
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Mar 5, 2015, 4:00 PM EST
All of the latest news from some of F1’s most prominent junior championships.
Mar 5, 2015, 3:00 PM EST
Filipino-Swiss driver moves from Formula Renault 3.5 for 2015.
Mar 5, 2015, 2:00 PM EST
British driver sends out an ominous statement of intent ahead of the first race of the year in Australia on March 15.
Mar 5, 2015, 1:00 PM EST
Can Massa and Bottas pick up where they left off at the end of 2014?
Mar 5, 2015, 12:07 PM EST
Team now all set to race in Australia on March 15 after passing the FIA crash tests.
Mar 5, 2015, 12:00 PM EST
Add another American to the Formula E roster for 2015 as Speed replaces Marco Andretti for the first of two home races.
Mar 5, 2015, 10:30 AM EST
Dutch driver reportedly seeking an urgent court order that would get him on the grid for the upcoming Australian Grand Prix.
Mar 5, 2015, 10:00 AM EST
Big night of F1 programming upcoming tonight on NBCSN.
Mar 5, 2015, 9:30 AM EST
With neither Hockenheim nor the Nurburgring prepared to host the race in 2015, the outlook is bleak for a German Grand Prix.
Mar 5, 2015, 9:00 AM EST
New sponsor, new number (again) for Hinchcliffe’s 2015 IndyCar campaign.
Mar 4, 2015, 5:14 PM EST
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Mar 4, 2015, 5:00 PM EST
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Mar 4, 2015, 3:00 PM EST
Daniel Ricciardo and Daniil Kvyat look to lead the team in the post-Vettel era.
Mar 4, 2015, 12:40 PM EST
Justin Wilson returns to Michael Shank Racing for Sebring one-off.
Mar 4, 2015, 12:09 PM EST
Manor Marussia F1 to make trip to Melbourne after all.
Mar 4, 2015, 10:15 AM EST
FIA Formula E CEO Alejandro Agag outlines goals for upcoming two U.S. races, and recaps the first four thus far.
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