>


Advertisement
Hot News
for your iPhone
for your iPad
Go to our forums to discuss this news
DATE News (chronologically)
11/27/09
f1
F1 return to Montreal for 2010 confirmed
Formula One will return to Montreal for at least the next five years, government officials announced Friday.

The Quebec race was removed from the Formula One circuit in October 2008 over a contractual dispute, to the dismay of civic leaders and merchants.

But government officials said they have reached a new agreement with F1 boss Bernie Ecclestone to bring the Grand Prix back to North America.

The agreement includes $15 million in annual contributions from the three levels of government.

"This agreement is a win-win situation for the Quebec taxpayer, and for the Canadian taxpayer," said Quebec Economic Development Minister Raymond Bachand.

The race has an economic impact on the city of about $89 million a year, officials said.

The next race is June 13 at the Gilles-Villeneuve Circuit.

Hot News Archives
2000 2001 2002 2003
2004200520062007
2008200920102011
2012201320142015

Search Hot News
Search Help