F1

Tax issue solved, Canada GP announcement due

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 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.

Write a comment
Show comments
About this article
Series F1

User photos

EuroRacer
F1

EuroRacer

29 photos
jimmykwoods
F1

jimmykwoods

2 photos
nickmossdesign
F1

nickmossdesign

1 photos
Tim Holmes
F1

Tim Holmes

17 photos
EricDebris
F1

EricDebris

411 photos
hanmerdesign
F1

hanmerdesign

7 photos
Evan_DeCiren
F1

Evan_DeCiren

25 photos
darkcloud154
F1

darkcloud154

22 photos
Upload photo