The Formula 1 Canadian Grand Prix is set to remain a fixture on the F1 calendar until at least 2035, following a four-year contract extension announced recently. This extension ensures that Montreal's Circuit Gilles Villeneuve will continue to host the event, marking the race's presence in its seventh decade.

The announcement, made by Formula 1 and the Canadian Grand Prix's partners, including the City of Montreal, the governments of Quebec and Canada, Tourism Montreal, and the Société du Parc Jean-Drapeau, underscores the collective effort to maintain the race's presence in Montreal. The agreement reflects the iconic status of the Canadian Grand Prix, highlighting its rich heritage and unique setting within the city.

Stefano Domenicali, President and CEO of Formula 1, emphasized the historical significance of the Canadian Grand Prix, noting that the extension coincides with Formula 1's 75th anniversary. He also expressed his delight in continuing to race in Montreal, a city known for its energy and passionate fans. Domenicali also acknowledged the efforts of the Octane Racing Group, the promoter, in upgrading the venue and thanked all the stakeholders involved.

The Circuit Gilles Villeneuve, named after the legendary Canadian F1 driver, has been a favorite among drivers and fans since becoming the permanent host of the Canadian Grand Prix in 1978. The track is renowned for its challenging layout, featuring heavy-braking chicanes, a hairpin turn, and the infamous "Wall of Champions." Excluding European venues, it has hosted the most races in the history of the championship.

The extension arrives on the heels of the 2025 Grand Prix. The 2024 edition faced significant hurdles, including congestion, flooding, and patio inspections, which had threatened the race's reputation. The 2026 race will be moved to May to better organize the calendar and reduce the impact on the environment.

The Canadian Grand Prix has a long and storied history, dating back to 1967 when it was first held at Mosport Park. It later moved to its current location in Montreal in 1978. The event has been a consistent presence on the F1 calendar, with only a few interruptions due to sponsor disputes, calendar disagreements, and the COVID-19 pandemic.

Beyond the racing action, the Canadian Grand Prix provides a significant economic boost to Montreal. The 2025 event attracted a reported 352,000 spectators over three days. The event has evolved into a major sporting and social event, drawing fans from around the world. The renewal also included a long-term extension to Bell Media's media rights deal.

As Montreal prepares to host the Canadian Grand Prix for another decade, organizers are committed to delivering a world-class event that showcases the best of Canada, Quebec, and Montreal. With infrastructure upgrades and a dedicated team in place, the future of Formula 1 in Canada looks bright.