Promoter worried about Canada Grand Prix future 11 April, 2014 Race promoter Francois Dumontier admits that he is worried about the future of the Canadian Grand Prix. He told the French-language La Presse newspaper that Montreal’s Circuit Gilles Villeneuve needs to urgently conclude its talks with Formula 1 authorities about extending the current contract beyond the June race. “60 days before the 2014 Grand Prix, there is an urgency,” the usually low-profile Dumontier admitted. “It is true, unfortunately, the sustainability of the Canadian Grand Prix is not yet assured.” He said that he is in negotiations with Bernie Ecclestone for a new ten-year contract, “covering the period 2015 to 2024″. But he not only has to conclude the deal with Formula 1, but also with the various levels of federal, provincial and city governments who split up the costs. “Time has gone past and there are still no signatures at the bottom[s] of the documents,” said Dumontier. He said he wants the deals to be secured before June’s 2014 race in Montreal. “Following the grand prix in June, the rights of my business to the race will be non-existent,” Dumontier warned. “We must act now.” Montreal mayor Denis Coderre, one of the parties who must agree, said that he is “very confident” that the deal will be struck “in the coming weeks”. “This (delay) is normal when it comes to events in which you sign for ten years,” he said. “I want there to be a grand prix, but you understand that it must be in a responsible way.” A spokesman for federal minister Denis Lebel added: “We are working with our partners to see if we can keep this important event in Montreal. “But the involvement of the federal government will have respect for the ability of the taxpayers [to pay],” he added. (GMM) Subbed by AJN. Related NewsRed Bull deny booting Mercedes out of hotelMercedes unhappy with Austrian GP accommodationCanadian GP organisers announce 10 year F1 extensionMontreal long term F1 deal set to be announcedNew Canadian GP contract set to be announcedFerrari to honour Carabinieri in CanadaLong term future of Canadian GP still in doubtRenault: We will be out of recovery mode in CanadaCanadian Grand Prix happy with new Formula 1 soundMcLaren luring Alonso or pissing off Ferrari?