Government pledge $98.2 million to keep Grand Prix in Montreal through 2029
MONTREAL — The Canadian Grand Prix will run at Circuit Gilles Villeneuve at least until 2029.
Mayor Denis Coderre and representatives of the federal and Quebec governments on Friday pledged $98.2 million to a five-year extension of a contract with Formula One owners Liberty Media. The current contract was to expire in 2024.
The federal government will put in $36.2 million, the province $28 million and the city $34 million.
Quebec will also put $18 million toward improvements to the race venue at Jean Drapeau Parc on two islands near downtown Montreal.


