When the FIA published the 2010 F1 calendar last month one the Canadian Grand Prix was noted as being “subject to the completion of contract negotiations with Formula One Management”.
These have now been officially completed and F1 will be returning to the popular Circuit Gilles Villeneuve in Montreal in 2010 after missing the round this year.
It should remain on the calendar until at least 2014.
There seems to have been movement from both sides with Bernie Ecclestone offering a better deal but with local and national governments getting involved to support the race as well as taking some of the revenue from ticket sales and a tax on hotel revenues while the Grand Prix teams are at the track.
That could prove significant for the fate of another 2010 race with an asterisk beside its name: the British Grand Prix, which so far has no government backing. There have been positive signals from those associated with the race recently, but they have only until the second week of December to confirm the event for next year.
But for the meantime, let’s celebrate the fact that a popular race at a traditional venue has been saved. Congratulations Canadian F1 fans!