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New Canadian GP contract set to be announced

The Canadian Grand Prix looks set to hold on to its popular place on the annual Formula 1 calendar. Montreal race promoter Francois Dumontier has sounded alarmed in recent weeks and months, as the backing of the event by the varying levels of Canadian government was holding up the signing of a new ten-year contract beyond 2014. But La Presse, the French-language Quebec newspaper, said Formula 1 will continue at the Circuit Gilles Villeneuve until 2024, 'barring a catastrophe'. 'An announcement should be made tomorrow (Friday) at noon at the scene of the race,' said correspondent Sebastian Templar, 'ending negotiations that started almost two and half years ago.' Templar quoted a...
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