Posted on June 17, 2013

The Canadian Grand Prix at Montreal is in discussions with Bernie Ecclestone’s company about a new contract to retain the race for 10 years, according to a Reuters report today. And the news highlights the push by F1′s commercial rights holder, backed by CVC Capital Partners to secure long term contracts with host venues. Although CVC’s senior partner Donald McKenzie said recently that the proposed floatation of F1 may need to be postponed once again to 2014, getting a full calendar of events on long term contracts is a key component of the sale; circuit hosting fees are at around More…

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