Return of the Canadian Grand Prix: Major victory for Montréal

MONTREAL , Nov. 27 /CNW Telbec/ - The Board of Trade of Metropolitan Montreal is delighted about the announcement of the return of the Canadian Grand Prix to next season's official Formula 1 calendar. It also welcomes the adoption of an economically responsible business model for hosting this exclusive event.

"The Canadian Grand Prix is a prestigious, popular event that generates considerable economic benefits and provides the city incredible international exposure. The Grand Prix offers strategic visibility that positions Montréal as a dynamic, festive and energetic city. By attracting over 300,000 spectators and hundreds of millions of television viewers, this major event is a tremendous calling card for Montréal," said Michel Leblanc , President and CEO of the Board of Trade of Metropolitan Montreal .

The Board of Trade salutes the governments, institutions and business people who mobilized and put their energy into repatriating the Grand Prix to Montréal. "The return of the Grand Prix is the result of incredible efforts in dialogue and negotiations, both in public and behind the scenes. This is why we congratulate the federal and provincial governments, the Ville de Montréal, Tourisme Montréal and Michael Fortier . This success is testimony to the commitment, leadership and relentless work of a number of people. It will be a source of inspiration in future challenges the city may face," added Mr. Leblanc .

"All signs point to Montréal having the Grand Prix return in extremely favourable financial conditions in the world of F1. This can be seen as recognition of the Montréal race as one of the best organized and most popular of the F1. In many respects, this is the result of the effort and know-how that is part of Normand Legault's legacy," concluded Mr. Leblanc .

The Board of Trade of Metropolitan Montreal has some 7,000 members. Its primary mission is to represent the interests of the business community of Greater Montréal and to provide individuals, merchants, and local businesses of all sizes with a variety of specialized services to help them achieve their full potential in terms of innovation, productivity and competitiveness. The Board of Trade is Quebec's leading private economic development organization.

For further information: Sylvie Paquette, Coordinator, Media relations, Board of Trade of Metropolitan Montreal, [phone], ext. 4015, [email protected]