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Canadian Grand Prix deal extended until 2029
The Canadian Grand Prix will get a new contract and stay on the Formula 1 schedule until at least 2029, local media reported on during course of the 50th edition of the race. The Canadian Grand Prix has been part of the Formula One circuit since 1967, held in all but three years since. Mayor Denis Coderre and representatives of the federal and Quebec governments pledged $98.2 million to a five-year extension of a contract with Formula 1 owners Liberty Media. The current contract was to expire in 2024. The federal government will put in $36.2 million, the province $28 million and the city $34 million. Quebec will also put $18 million toward improvements to the race venue at Jean Drapeau...
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8y ago from GrandPrix247.com
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