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The Canadian Grand Prix will get a new agreement and stay on a Formula One report until during slightest 2029, internal media reported on Friday.
According to reports, a agreement prolongation from 2025-2029 will be announced this weekend in Montreal, where a Formula One competition will be hold on Sunday. The competition had been on a report by 2024. The Canadian Grand Prix has been partial of a Formula One circuit given 1967, hold in all though 3 years since.
The proclamation pronounced a range would deposit $28 million ($20.8 million U.S.) in a event. Among a improvements are new paddocks, that are approaching to be built by 2019.
Canadian officials contend a competition is one of a biggest tourism draws in Montreal, including an estimated 30,000 visitors from a United States alone.