CEO suggests F1 will be in Montreal 'for an extended period'

      "Significant progress in facilities and organization"

      Officials in Montreal are allegedly getting ready to clarify the future of the Canadian GP. Following a problematic 2024 event at the famous Circuit Gilles Villeneuve, there was a year of speculation regarding the potential elimination of this historic race from Formula 1. However, the changes made for 2025 turned out to be successful.

      "It was a very, very good week," F1 CEO Stefano Domenicali told Le Journal de Montreal. "Everyone in F1 acknowledges this significant advancement in the facilities and organization."

      The same publication is now reporting that Canadian journalists have been called to an event on Tuesday where a new race contract extending to 2035 is anticipated to be announced. Jean-Philippe Paradis, the new president of the race promoter Octane, was cautious yet optimistic when asked about the event's negotiations with F1.

      "I think at some point, things will develop naturally," he mentioned to La Presse Canadienne. "With this success, I'm confident that things will proceed positively."

      Domenicali also suggested that the recent doubts regarding the future of the Canadian GP have been resolved. "We don’t want to lose the enthusiasm of racing and F1 fans in Montreal, Quebec, and Canada," the Italian stated. "We believed the organization could improve, and the necessary enhancements were crucial. We're very pleased with the progress and our week here. Yes, F1 remains in Montreal.

      "It’s an incredible market that is important to us. It will be with us for many years." Domenicali emphasized that Canada plays a vital role in F1’s North American strategy. "The American continent is vast," he remarked. "We're hosting six races there - Miami, Montreal, Austin, Mexico City, Sao Paulo, and Las Vegas.

      "It needs to be well organized across the continents, but we are keen to establish a strong foundation with Montreal and North America."

      Update: Formula 1 has confirmed that the Canadian Grand Prix will continue into its seventh decade following a new four-year agreement with the Promoter and the Governments of Canada and Québec, ensuring that the Circuit Gilles-Villeneuve in Montreal will remain on the calendar until 2035.