New Offer Proposed for Canadian GP
Nov 13, 2008 | 05:14 PM
#1
Thread Starter
| Teamspeed Pro
Joined: Apr 2008
Posts: 23,875
From: Orange County
New Offer Proposed for Canadian GP
Let's keep our fingers crossed.
From F1-Live.com
From F1-Live.com
New Offer Proposed for Canadian GP - Final Answer within A Week
Following reports that the Montreal hotel association agreed to a 1% increase of the room tax in order to help finance the Canadian Grand Prix, government officials have confirmed that a new offer has been made to Formula One CEO Bernie Ecclestone.
It is believed that money raised from the tax, added to the amounts pledged by the governments of Canada and the province of Quebec, brought an estimated $10 million to the negotiations.
"There is a limit to what we can bring to the table," said Raymond Bachand, the Minister of Economic Development for the Province of Quebec. Talks are ongoing with Ecclestone, who for the time being has been "uncompromising."
"We will know over the next few days," Bachand added. "It is not something that will take two or three weeks. Within a week at maximum it will be settled."
The efforts put forth by the federal and provincial governments to bring Formula One back to the famous circuit Gilles-Villeneuve, as well as those provided by the city of Montreal, must also ensure that the plan works for "the future organisers of the Grand Prix and the citizens of Quebec and Canada," insisted Bachand.
Jean Charest, the Prime Minister of Quebec, reiterated that the size of the offer "must remain an amount that will respect the fact that for the taxpayer, it must be profitable."
If the Canadian GP is not reinstated, there will be no North American destination on the 2009 Formula One calendar.
Following reports that the Montreal hotel association agreed to a 1% increase of the room tax in order to help finance the Canadian Grand Prix, government officials have confirmed that a new offer has been made to Formula One CEO Bernie Ecclestone.
It is believed that money raised from the tax, added to the amounts pledged by the governments of Canada and the province of Quebec, brought an estimated $10 million to the negotiations.
"There is a limit to what we can bring to the table," said Raymond Bachand, the Minister of Economic Development for the Province of Quebec. Talks are ongoing with Ecclestone, who for the time being has been "uncompromising."
"We will know over the next few days," Bachand added. "It is not something that will take two or three weeks. Within a week at maximum it will be settled."
The efforts put forth by the federal and provincial governments to bring Formula One back to the famous circuit Gilles-Villeneuve, as well as those provided by the city of Montreal, must also ensure that the plan works for "the future organisers of the Grand Prix and the citizens of Quebec and Canada," insisted Bachand.
Jean Charest, the Prime Minister of Quebec, reiterated that the size of the offer "must remain an amount that will respect the fact that for the taxpayer, it must be profitable."
If the Canadian GP is not reinstated, there will be no North American destination on the 2009 Formula One calendar.
Nov 14, 2008 | 12:25 AM
#6
Teamspeed Pro
Joined: Jan 2008
Posts: 1,966
From: Alberta, Canada
They shouldn't have all voted for the Bloc...maybe they would get some fed money. Hell, I'd put in some money just to watch some beat down Justin T...what a tool Liberal loser piece of work dillhole...
Nov 14, 2008 | 02:23 AM
#7
Teamspeed Pro
Joined: Apr 2008
Posts: 31,976
From: Minnesota
I'm hoping we continue to have a North American race in the upcoming season. I'd really hate to see it leave NA, because who knows when it'd come back, if ever. Bernie has the biggest stick, this side of a sequoia forest crammed up his ass. My respect for him diminishes more and more with each passing day.
. (Watching all the races from 08' and the Montreal track was f' up 
) 
Thread
Thread Starter
Forum
Replies
Last Post
Bookmarks
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
