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F1: Tax issue solved, Canada GP announcement due

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Khatir Soltani
From GMM

With the last obstacle reportedly now overcome, an announcement to confirm Canada's return to the F1 calendar next year is imminent.

We reported recently that Bernie Ecclestone wants to receive race fee payments from Montreal authorities along with a written guarantee from the Canada Revenue Agency that he will not pay federal tax.

The La Presse newspaper said in its Wednesday edition that the tax guarantee has finally been forthcoming.

Montreal mayor Gerald Tremblay is now expected to announce within days that the popular Circuit Gilles Villeneuve will host formula one in mid June 2010.





Khatir Soltani
Khatir Soltani
Automotive expert
  • Over 8 years experience as a car reviewer
  • Over 50 test drives in the last year
  • Involved in discussions with virtually every auto manufacturer in Canada