Here's an article and a video report on the Montreal GP negotiations from
The Globe & Mail.
One thing that has not been mentioned in the articles from the last few days is the issue of renovations at the track. I wonder what is the status of that issue?
What renovations need to be made, how much will they cost and who will pay? It's hard to imagine that there will be a new contract without some agreement on those issues.
May 29, 2013 7:55 pm
Is Canada’s Grand Prix in jeopardy?
By Billy Shields Global News
MONTREAL – Ziggy Eichenbaum’s bar is a real draw on Crescent Street and he estimates a full third of his annual business comes from the week of the Canadian Grand Prix.
The Formula One race has been an economic boon for Montreal, with an economic impact of about $90 million a year. But recent stalled discussions have clouded the future of the race, whose contract is up next year...
Both the provincial and federal governments say they’re trying to keep the race, and sign onto a contract that would keep it in Montreal through 2024. But federal officials indicated Wednesday they weren’t willing to put up any amount of money to keep the race...