CANADA CLOSE TO F1 DEAL - FORMULA 1

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Thursday, August 13, 2009

CANADA CLOSE TO F1 DEAL

Montreal officials are close to a deal to get the Canadian Grand Prix back on the calendar next year, said the city's Mayor. Gerald Tremblay told a press conference in Montreal that only a few final hurdles were needed to secure a slot for the 2010 race.

"There are still certain commitments which have been made that have to be refined. Right now, we're trying to finalize this agreement in the best interests of Montreal. We want Montreal to regain its status as one of the largest Grand Prix in the world," Tremblay stated.

The deal to put the race back on had been helped by support from the Quebec and Ottawa governments, who would share the costs - or any profit - with Montreal. The absence of the Canadian GP on the calendar this year meant that it was the first time in F1's world championship history that there had not been a race in North America.

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