Adapted from GMM
Quebec premier Pauline Marois met with Formula 1 chief executive Bernie Ecclestone on Sunday and vowed to work hard to safeguard the future of the Grand Prix of Canada.
Reports have indicated the historic race at the Circuit Gilles Villeneuve, on Montreal's Ile Notre Dame, could be in doubt beyond 2014 due to the lack of agreement of the tripartite funding agreement between the various levels of government (Federal, Provincial and Municipal).
But Marois was quoted by Canadian Press news agency after her brief meeting with Ecclestone: "I said to him 'We have to conclude a win-win agreement'. I think he agrees with me."
It has been reported the race requires additional funding for a new contract due to Ecclestone's demands for the ageing circuit facilities to be updated.
"I remain optimistic," Octane Management’s boss, Francois Dumontier, promoter of the race, said. "Negotiations are moving forward between all parties and the tone is favourable."
Ecclestone, however, indicated during an interview with Radio-Canada that he is prepared to play hardball.
When asked by a reporter of Radio-Canada how desperate he was to keep the race in Montreal, Ecclestone replied: “I like Montreal but as far as the race is concerned it's not desperate, it's not the only race in the world”.
Quebec premier Pauline Marois met with Formula 1 chief executive Bernie Ecclestone on Sunday and vowed to work hard to safeguard the future of the Grand Prix of Canada.
Reports have indicated the historic race at the Circuit Gilles Villeneuve, on Montreal's Ile Notre Dame, could be in doubt beyond 2014 due to the lack of agreement of the tripartite funding agreement between the various levels of government (Federal, Provincial and Municipal).
But Marois was quoted by Canadian Press news agency after her brief meeting with Ecclestone: "I said to him 'We have to conclude a win-win agreement'. I think he agrees with me."
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| Start of the 2013 Canadian Grand Prix. (Photo: WRi2) |
It has been reported the race requires additional funding for a new contract due to Ecclestone's demands for the ageing circuit facilities to be updated.
"I remain optimistic," Octane Management’s boss, Francois Dumontier, promoter of the race, said. "Negotiations are moving forward between all parties and the tone is favourable."
Ecclestone, however, indicated during an interview with Radio-Canada that he is prepared to play hardball.
When asked by a reporter of Radio-Canada how desperate he was to keep the race in Montreal, Ecclestone replied: “I like Montreal but as far as the race is concerned it's not desperate, it's not the only race in the world”.