Skip to main content

Montreal extends Formula 1 deal for 10 more years

By WTOP Staff

MONTREAL (AP) — The Canadian Grand Prix is staying in Montreal through 2024.

Formula One announced on Saturday it has reached an agreement with the Montreal, Quebec and Canadian governments to keep the race at the Circuit Gilles Villeneuve for another 10 years.

The Canadian Grand Prix was first run on the track on the Ile Notre Dame in the St. Lawrence River in 1978.

The governments agreed to share a $17 million (about U.S. $15.56 million) annual payment that will total $187 (U.S. $171.14 million) million over the term of the agreement. They will recoup part of their costs through a share of ticket sales.

The city of Montreal also agreed to pay another $30 million (U.S. $27.5 million) to renovate the track. That will include a new tower and paddock.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Emergency guide: What you should do to prepare for emergencies

By WTOP Staff
WASHINGTON — Do you know what you'd do if an emergency hits? What if you're at work, your spouse is stuck in traffic and your children are in school? There's no way to plan for every emergency, but you can make sure you're prepared for different scenarios, including making a plan for your family and building a kit of emergency supplies.
Read Next Story

Related News

Where to take the family while they visit DC

Step-by-step guide: How to make the perfect Thanksgiving pie

Trump’s son receives threat