Newspaper article The Canadian Press

Montreal Mayor Says Deal Reached with F1 to Upgrade Facilities at Canadian GP

Newspaper article The Canadian Press

Montreal Mayor Says Deal Reached with F1 to Upgrade Facilities at Canadian GP

Article excerpt

Mayor says deal reached on GP track upgrade

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MONTREAL - Montreal Mayor Denis Coderre says there is no rift between the city and Formula One management over improvements to Circuit Gilles Villeneuve.

Coderre said Sunday ahead of the Canadian Grand Prix that a handshake agreement has been reached between F1 boss Bernie Ecclestone and the head of the city's executive committee Pierre Desrochers on enlarging the paddock area and other upgrades at the track.

Ecclestone cast doubt on the future of the race this week when he warned the city would be breaching its contract if improvements are not completed as agreed by 2017. The city pledged $32 million for the improvements as part of a multimilion-dollar deal reached two years ago to keep the race in Montreal until 2024. …

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