Montreal awaiting the race after a long break

Formula 1 is returning to Montreal after a two-year hiatus due to the pandemic, and the Canadian government has already backed local authorities’ decision to still hold these two races in the future to replace the missed ones.

According to the Montreal Gazzette, the Gilles Villeneuve circuit is to host the Grand Prix under its current contract until 2029, but more races are to take place in 2030 and 2031.

But this is still a long way off and now preparations are in full swing for the 51st Canadian Grand Prix, 40 of which will be in Montreal. Formula 1 is traditionally loved in Canada, and of course local fans have missed the usual holiday of speed, so interest in the race is, as always, very high.

In addition, Montreal has always been famous for its festivals, from music to gastronomy – they say that in no other city in the world are so many different bright events, and of course they usually take place in the summer. All this attracts the public from many countries of the world, and this year Canada again expects a huge influx of tourists.

Due to the pandemic, festival activity was also frozen, but now Montrealers and guests of this glorious city are determined to have fun from the heart, and local authorities will have a chance to replenish the treasury, as people love all kinds of holidays, they are always willing to spend money on pleasures, entertainment, and delicious food, all of which bring considerable revenue to the economy.

“There is a lot of discussion about the economic impact of running a Formula 1 race, but forget the numbers for a moment,” Glenn Castañera, executive director of the Montreal Business Association, told the paper. “Almost every dollar spent on Grand Prix days is a foreign dollar, and our economy gets an influx of fresh money, which then replenishes the city budget. Whether you like the Grand Prix or not, there’s no denying it.” that it has a huge positive impact on the city.”

Also curious is the comment made by Ziggy Eichenbaum, the owner of a pub located on Cresan Street, one of the streets in Montreal that fans take to and from the track: “What’s the difference between an IndyCar race, a NASCAR podium and a Grand Prix? IndyCar fans order a beer each. NASCAR enthusiasts bring beer. But Grand Prix tourists order Cristal champagne (in bars and restaurants it can cost upwards of $1,000 a bottle) and they don’t even care about the price.

So it’s great that Formula 1 is back. It attracts tourists from all over the world, this event is simply nothing to compare to. We earn more in six days than in six months.”