It's only been a year, but it's been a long one for Formula One fans in North America. Last year Bernie Ecclestone and the FIA canceled the Canadian Grand Prix – a regular fixture of the F1 calendar and the only stop the circus makes in North America – when race organizers and local governments rejected demands for increased fees. Negotiations failed to bring the race back, but following purported pressure from the remaining manufacturers in the series and renewed contact with officials on the ground, the race has been confirmed to return for next season.
According to previous reports, Ecclestone's demand of $175 million to secure the race for several years was reduced to just $75 million, a price which supporting parties are apparently willing and able to pay in order to bring the grand prix back to the Gilles Villeneuve circuit.
