Canada back on F1 calendar 30/11/2009 |
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Formula One looks set to return to Canada next year after authorities agreed to put up the money to keep the race in Montreal.
The event was dropped this year after a despute between organisers and Bernie Ecclestone over funding but the Canadian Government, Quebec and Montreal’s tourist board have agreed to stump up about £8.5m a year for the next five years – and the race has been provisionally pencilled in for June 13, 2010.
The city’s mayor Gerald Tremblay said: “The return of Formula One to Montreal attests to our sustained efforts and determination.
“This win-win deal falls in line with the terms we set and the taxpayer’s ability to pay and will create stability for the next five years.”
Montreal’s minister of tourism Nicole Menard added: “The Grand Prix of Canada has more impact on the tourist industry than any other sports event in Canada.
“Of the 300,000 spectators at the competition, 25 per cent come from outside Quebec.”
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