Overview

• Formula One and Octane Racing Group signed a contract extension on June 17 securing the Montreal race through the 2035 season.
• Federal, provincial and municipal bodies have pledged $117 million over four years to underpin the contract extension with Liberty Media.
• Organizers doubled hospitality tent space, redesigned the paddock and opened Victoria Bridge access for the 2025 event to resolve prior traffic and evacuation issues.
• The 2025 Grand Prix drew 352 000 spectators, filled hotels to about 90 percent capacity and generated an estimated $100 million in weekend economic returns.
• Next year’s race moves from June to May 24 to follow the Miami Grand Prix, reduce travel distances and support F1’s goal of carbon neutrality.