Canadian Grand Prix Confirmed for 2010 Formula 1 Schedule

Finally confirmed for the 2010, the Canadian Grand Prix will again be on the Formula 1 calendar. The contract has been extended to allow the race to take place in Montreal over the next five seasons.

The 2010 Canadian Grand Prix will be held June 13, returning to the Circuit Gilles Villeneuve. The 2.7-mile street track has been home to the Canadian Grand Prix since 1978. The race was taken off the 2009 calendar after Canadian officials and F1 chief Bernie Ecclestone could not agree on monetary compensation. The canceled 2009 Canadian Grand Prix allowed F1 to completely avoid North America for the first time since 1958. The last race held in the U.S. was in 2007 at the Indianapolis Motor Speedway.

The approval of the Canadian Grand Prix could mean good news for U.S. F1 fans. It would make good economic sense for there to be an additional race in the U.S., as the F1 schedule tends to creep around the world one region at a time. With massive amounts of equipment to haul, a shorter distance traveled could mean more profit to be had. In 2007, the Canadian Grand Prix and U.S. Grand Prix were held just one week apart. Will the F1 circus finally return to the U.S. in 2011?