This year’s Canadian Grand Prix is just moments away, which makes it a good time for confirmation of the track’s future in Formula One. Organisers at the circuit have agreed a deal with Formula One Management for a contract extension, keeping the Canada race on the calendar until 2024.
The ten year extension comes with the proviso that some repair and maintenance work is undertaken at the Circuit Gilles Villeneuve, with the pit area and garages particularly highlighted for improvement. The medical centre has also been pinpointed for a much needed upgrade.
The investment will be worth it, as reportedly the deal has renegotiated terms which include more of the ticket sales revenue going back to the track than it has been of late. Montreal mayor Denis Coderre says: “This is the place to be this weekend, but this will be the place to be for the next ten years.”
Filed under F1Minute
References Circuit Gilles Villeneuve
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