It has been confirmed that the contract to hold the Canandian Grand Prix in Montreal has been extended until 2029.
Canadian newspaper LePresse, has confirmed that the race is set to stay at the Montreal venue beyond the 2024 previously agreed, partially owning to new Candian driver Lance Stroll who will make his debut at Williams this season.
“We have made amendments to our agreements in recent months, but I can tell you it’s done, that our contracts are signed with FOM and now we can look forward. We had a contract until 2024, and it has been amended so that we can get until 2029. All the contract hassles are now behind us,” Promoter François Dumontier confirmed.
With Formula One under new ownership, and keen to break into the North American market it is no surprise that the traditional home of Formula One in the region should get a contract extension, and an extension which will see it confirmed for the medium term. Under the former Ecclestone regime, the circuit in Canada was constantly under fire for sub-standard facilities, despite the popular location. It has however been confirmed that a new pit complex will be built in time for the 2019 race, two years later than planned.
It comes just a couple of days after a contract extension has also been confirmed for Russia, taking their event up until 2015. LePresse