Uncategorized

Montreal ready to a new multi-year contract

Canadian Grand Prix close to new multi-year deal, F1 boss Bernie Ecclestone expecting new deal will approve after some Montreal some facilities are upgraded and also Montreal listed in Formula one calendar.

The latest reports provided that Montreal will positively be part of the 2013 and 2014 Formula 1 seasons and that a deal expand to 2024 is being drawn up – the only catch is that organisers will have to commit to a restore that could cost $20 million over a five-year era.

“We have agreed on the annual fee, which will soon be paid,” Ecclestone told Canada’s La Presse.

“That is not a problem. We just want the agreement for a rebuild. We are talking about an upgrade, but it doesn’t have to be another Abu Dhabi. If the Montreal facilities can compare to what they did at Silverstone, that would be good. Canada is an important country for us and we intend to keep going there.”

“I am a bit disappointed by the events going on there,” he continues. “I find it all a bit misplaced after what happened in Bahrain. Moreover, they (the Province of Quebec) has the lowest tuition fees in Canada and studying here in general is cheaper than in many other parts of the world.”

Montreal made its first appearance in 1978, with Gilles Villeneuve winning for Ferrari before the circuit took adapted his name following the tragic accident at Zolder in 1982.


All material and photos are copyrighted material and owned by their respective owners. Use or depiction of images or trademarks throughout this website is for illustrative and editorial purposes only.Images come courtesy of; ferrari.com, mclaren.com, Sahara forceindiaf1.com, redbull.com, mercedesgp.com, Caterham F1, toyota, Sauber, williamsf1, lotus, Marussia, HRT, getty Images,LAT, Reuters Pictures and AP Photos.


http://www.formula1onlive.com/feeds/posts/default?alt=rss
Facebook Comments
Loading...
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

ThisisF1.com is not affiliated with Formula 1, Formula One Management, Formula One Administration, Formula One Licensing BV or any other subsidiary associated with the official Formula One governing organizations The website is an unofficial website, all names and logos used here are property of their respective owners, more specially FORMULA 1, FORMULA ONE, F1, GRAND PRIX and logos and the wide Curves logo are trademarks of Formula One Licensing BV, a Formula One Group Company. Use or depiction of images or trademarks throughout this website is for illustrative and editorial purposes only. Official Formula One information can be found at www.formula1.com

Copyright © 2015 Thisisf1.com

To Top