Formula One Announces Major Contract Extension With Canadian GP Until 2035

Formula One has confirmed that the Canadian Grand Prix will remain on the race calendar until 2035 after signing a new four-year contract extension. The news arrived after last weekend’s 2025 Canadian GP, which marked the race’s 54th round since its debut in 1967.

The previous contract was slated to conclude at the end of 2031. However, the new agreement with promoter Octane Racing Group and the governments of Canada and Québec has locked the Canadian GP’s spot in the sport for the next decade.

Despite the sport’s growing demand forcing F1 to drop iconic circuits such as Imola from the 2026 calendar and placing Barcelona under threat for 2027, Octane Racing Group’s ongoing commitment to enhancing the Canadian GP venue to modern F1 standards is said to have played an important role in securing the long-term deal.

Announcing the Canadian GP contract extension, Stefano Domenicali, President and CEO of Formula 1, said in a statement:

“As Formula 1 celebrates its 75th anniversary, it is fitting that we have announced an extension with the Canadian Grand Prix, a race that has such incredible history in our sport and is named after a true legend in Gilles Villeneuve.

“Montreal is an incredible city, full of energy and passionate fans, and I am delighted to confirm that we will continue racing here through to the 2035 season and that our media rights deal with Bell Media is also extending in the long term.

“I would like to thank the promoter, Octane Racing Group, for their continued efforts in upgrading this iconic venue in recent years, and all local, regional, and national political stakeholders who have worked closely together to make this event what it is today.

“I would also like to thank our incredible Canadian fans. I look forward to creating more unforgettable moments in Montréal with you over the next 10 years.”

A joint statement was released by Valérie Plante, Mayor of Montreal, Caroline Proulx, Minister of Tourism and Minister responsible for the Lanaudière region, Carlos Leitão, Parliamentary Secretary to the Minister of Industry on behalf of the Honourable Mélanie Joly, Minister of Industry and Minister responsible for CED, Yves Lalumière, President and CEO, Tourisme Montréal, and Véronique Doucet, General Manager of Société du parc Jean-Drapeau. It read:

“We are proud to renew this important multistakeholder partnership with Formula One World Championship (FOWC).

“The Canadian Grand Prix is not only the biggest event in the country, it is also one of the most appreciated in the world. It makes our city vibrate and shine on the international scene, while generating significant economic benefits for Canadian businesses and citizens. This announcement is a concrete expression of our shared commitment to further develop the Canadian Formula 1 Grand Prix and ensure its unrivalled success for years to come.”