- Canadian Grand Prix
2010 Canadian GP to be confirmed this week
Canada's return to the F1 calendar is set to be confirmed this week following lengthy negotiations. Discussions had been held up following Bernie Ecclestone's threat to end talks unless he was granted exemption from paying tax in the country.
Ecclestone reportedly demanded a written agreement from the Canada Revenue Agency agreeing that he will not be liable to pay local taxes on the public money granted to the event, since British taxes would also be paid. Canadian law allows tax to be reimbursed once proof of tax payment elsewhere had been received, but Ecclestone had no interest in waiting several months for the repayment.
After weeks of legal wrangling, a solution has been found which keeps Ecclestone happy and means Montreal will make its return to the world championship after a one-year absence. Montreal mayor Gerald Tremblay is expected to announce this week that the Circuit Gilles Villeneuve will host an F1 event for the next five years, with the 2010 date provisionally confirmed for June 13.