F1 Fansite

F1 News

Canada Formula 1 Grand Prix future still in doubt

Posted on by
Canada Formula 1 Grand Prix future still in doubt

start 2006 Canadian F1 GP

As the F1 world gathers in Montreal, the future of the popular Canadian grand prix remains in doubt.

Two months ago, race promoter Francois Dumontier said it was “urgent” that a new deal beyond 2014 be agreed before this year’s grand prix at the Circuit Gilles Villeneuve.

He said negotiations with Bernie Ecclestone for a new ten-year contract are taking place, but there are “still no signatures”.

According to the French-language newspaper La Presse, all parties need to agree, including Dumontier, Ecclestone and the various levels of government who help the fund the race.

“Negotiations are going very well,” said a spokesperson for Dominique Vien, the new tourism minister of Quebec.

“The change of government has not had a negative impact. We will announce it when everyone is ready.”

Denis Coderre, the mayor of Montreal, also commented: “I am keen to resolve the issue for the next ten years. Things are going well.

“In time, we’ll make announcements,” he said. “But everyone is talking and things are progressing very well. We must let time take its course.”

It is reported that F1 chief executive Ecclestone is demanding improvements to the ageing circuit and facilities, and a mandatory 4 per cent annual indexation of the new 10-year race fee.

Promoter Dumontier said on Tuesday: “All parties are continuing the discussions and I would like to think that an announcement will be made soon.”

Please share this F1 article & subscribe to our FREE F1 Newsletter

PinIt

Latest F1 News posts:

Find older posts on our F1 News page »

Free F1 Newsletter

Early Booking Discounts on F1 Tickets

Buy F1 tickets cheaper at F1-Fansite.com '14 & '15 Formula 1 Season Early Booking Discounts are:
F1 Grand Prix
Discount

Book F1 Tickets Italian F1 GP Italy
Available
Book Now
Book F1 Tickets USA F1 GP USA Available Book Now
Book F1 Tickets Belgian F1 GP Belgium Available
Book Now
Book F1 Tickets Singapore F1 GP Singapore Available
Book Now
Book F1 Tickets Spanish F1 GP Spain 2015 -20% till 31-07-'14
Book Now
Book F1 Tickets Monaco F1 GP Monaco '15 Available
Book Now
Book F1 Tickets Canadian F1 GP Canada '15 Available Book Now
Book F1 Tickets Canadian F1 GP Austria '15 Available Book Now
Buy F1 MerchandiseBuy F1 Merchandise of your favourite driver or team.
Online Broker Compare