The Canadian Grand Prix will stay on the Method 1 calendar for the subsequent decade after signing a brand new settlement taking it via 2035.
The present settlement was attributable to expire in 2031, however following a transfer of the date of the race from 2026 onwards, which shifts the Canadian GP to late Could to permit freight to maneuver between Miami and Montreal while not having to return to Europe in between, there has now been a brand new settlement signed. The four-year extension will maintain the race on the Circuit Gilles Villeneuve, the place vital investments in services have been made lately.
The Montreal circuit has been the house of the race since 1978, and has been gained a file seven instances by each Lewis Hamilton and Michael Schumacher, whereas George Russell this 12 months joined Max Verstappen and Fernando Alonso as lively winners on the grid.
The promoter, Octane Racing Group, will proceed to spend money on the venue following the brand new settlement, which comes after a weekend that drew an attendance of 352,000 for this 12 months’s race.
“As Method 1 celebrates its seventy fifth anniversary, it’s becoming that now we have introduced an extension with the Canadian Grand Prix, a race that has such unimaginable historical past in our sport and is known as after a real legend in Gilles Villeneuve,” F1 CEO Stefano Domenicali mentioned.
“Montréal is an unimaginable metropolis, stuffed with power and passionate followers, and I’m delighted to verify that we’ll proceed racing right here via to the 2035 season and that our media rights cope with Bell Media can be extending in the long run.
“I wish to thank the promoter, Octane Racing Group, for his or her continued efforts in upgrading this iconic venue lately, and all native, regional, and nationwide political stakeholders who’ve labored carefully collectively to make this occasion what it’s at the moment. I’d additionally prefer to thank our unimaginable Canadian followers. I stay up for creating extra unforgettable moments in Montréal with you over the subsequent 10 years.”
A joint assertion from native authorities figures mentioned the renewal is a show of the broader dedication to collaborate to enhance the Canadian Grand Prix much more shifting ahead.
“We’re proud to resume this essential multi-stakeholder partnership with Method One World Championship (FOWC),” the assertion learn. “The Canadian Grand Prix is just not solely the largest occasion within the nation, it is usually probably the most appreciated on the earth. It makes our metropolis vibrate and shine on the worldwide scene, whereas producing vital financial advantages for Canadian companies and residents.
“This announcement is a concrete expression of our shared dedication to additional develop the Canadian Method 1 Grand Prix and guarantee its unequalled success for years to return.”