» Canadian GP contract extended

Canada’s Formula 1 Grand Prix will remain on the sport’s calendar until at least 2029. The event’s promoter, Octane Racing Group, has announced a contract extension with Formula One Management, extending the current 10-year agreement by a further five years.

Canada has played host to Formula 1 since 1967, and in 1978 the event moved to its current home at Circuit Gilles Villeneuve, located on Montréal’s Île Notre-Dame.

Aside from two years, the venue has played host to Formula 1 ever since, however it has faced ongoing criticism for its cramped and outdated pit, paddock and spectator facilities which fall well short of the standard of most other circuits on the calendar.

A provision of the current agreement was to see a number of new facilities planned and revamped, particularly in the paddock and race control areas.

The Canadian Grand Prix has traditionally been a well-attended affair, and this year’s event is expected to attract even more fan interest given local drive Lance Stroll will be driving for the Williams team.

Image via Sahara Force India F1 Team