News Details

Canada GP contract delay over upgrade cost

A new deal for the Canadian grand prix could be delayed, as organisers discover the renovation of the ageing Circuit Gilles Villeneuve will cost more than expected. Bernie Ecclestone has said he is happy to ink a new long-term deal for the Montreal race, so long as the track is brought up to standard with some renovations. La Presse newspaper reports that the original estimate of the renovation was $25 million, but a source 'very close' to the discussions now reveals that the actual quote commissioned by the government has come back at $40 million. The quote has reportedly forced a "reassessment", and the delay of a definitive deal with F1's chief executive for now.
Full Story »
11y ago from GrandPrix.com 0
Share

You May Also Be Interested In...

Canada GP contract delay over refurbishment costs

22 February, 2013 Circuit Gilles Villeneuve A new contract for the...
11y ago from YallaF1.com

Formula 1 expected to proceed with floatation in...

18 February, 2013 Owner CVC looks set to proceed with the floatation of...
11y ago from YallaF1.com

F1 expected toget to grips with Pirelli’s 2013...

F1 expected to get to grips with Pirelli's 2013 offerings in Barcelona 18...
11y ago from YallaF1.com

Elsewhere On The Network

Popular On MGPToday.com

Honda exhibits 2025 MotoGP livery

Honda Racing Corporation is the latest team to exhibit its 2025 MotoGP...
23h ago from MotorsportWeek.c...

Yamaha and Pramac display 2025 MotoGP liveries

On Friday, Yamaha and its satellite team, Pramac Racing, displayed its...

Popular On IndyCarToday.com

Penske President Tim Cindric to reduce leadership role

Team Penske announced on Friday afternoon that long-time President Tim...

PREMA completes first on-track IndyCar test session

PREMA Racing conducted its first on-track test session in IndyCar earlier...

Popular On TotalWRC.com

Popular On GunnersToday.com

Lean into Hale End for the visit of Man City

Morning all. It's a big one today, with the visit of Man City to the...
28m ago from Arseblog.com

'Agreement reached' – Fabrizio Romano issues...

Arsenal have been looking to make an attacking signing as manager Mikel...
1h ago from CaughtOffside.com

'It's not going to be easy' – Fabrizio Romano's...

Arsenal made a move to sign Aston Villa attacker Ollie Watkins but failed...
2h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.