'Bernie demands Canadian improvements'
Bernie Ecclestone will reportedly only give Montreal a new F1 contract if the circuit undergoes major construction to its facilities.
The Circuit Gilles Villeneuve, a favourite amongst the drivers and Formula One fans, currently has a deal with the F1 supremo that runs until 2014.
However, if the organisers want to renew the contract, they will have to spend around £9.3million to update the facilities.
"It is important to note that there are two years to run on the current contract with Formula 1 Management," race promoter François Dumontier told Canadian newspaper La Presse.
"Given the fact that permanent structures at the circuit, such as the control tower and garages, are nearly 25 years old, it is likely that the rebuilding of these will be an important element in negotiations for an extension to the current agreement."
source
Bernie Ecclestone will reportedly only give Montreal a new F1 contract if the circuit undergoes major construction to its facilities.
The Circuit Gilles Villeneuve, a favourite amongst the drivers and Formula One fans, currently has a deal with the F1 supremo that runs until 2014.
However, if the organisers want to renew the contract, they will have to spend around £9.3million to update the facilities.
"It is important to note that there are two years to run on the current contract with Formula 1 Management," race promoter François Dumontier told Canadian newspaper La Presse.
"Given the fact that permanent structures at the circuit, such as the control tower and garages, are nearly 25 years old, it is likely that the rebuilding of these will be an important element in negotiations for an extension to the current agreement."
source