Formula E | Canada says goodbye

Montreal say hello to Formula E: the electrical category has been defined as a “financial fiasco” for the Canada who thus decided to give up the race. The Canadian city was supposed to host the season finale next July, but the mayor Valerie Plante expressed his strong doubts: “Citizens have made it clear that we cannot waste their money on poorly planned projects that do not help them,” the news agency published SID. According to what was declared, in fact, there would be no willingness to pay the Fattura EUR 23 million.

Il mayor he also said that one has been proposed break of a year from Formula E, but "the leaders of the category have categorically rejected the option", it says. On Le Journal de Montreal Valerie Plante's position again: "Formula E will not return to Montreal in these conditions". At the base there would obviously be Financial problems due to the terrible management of the event by the local promoter, a company with budget limitations proposed by the mayor due to the losses recorded in the 2017 season.

“We had three options in mind: move the race to Circuit Gilles Villeneuve, build a temporary track somewhere else, take a sabbatical to get things in order and work on a better business model,” the mayor tweeted. “To make the 2018 event possible, Montreal c'est Electrique (the promoter; ed.) he asked to increase the spending margin from 10 to 15 million dollars and the direct contribution would go from 1,75 to 2,25 million dollars. A new Formula E race in Montreal would have cost at least $30 million to $35 million in grants and investments from the city." Precisely for this reason the main idea was to cancel e-Prix: “The administration is willing to take risks and invest money to promote the city, attract international events, but not without a serious study of the business model.” Now all that remains is to wait for an agreement with the leaders of Formula E regarding this problem. Who will replace the season finale? Already on official website of Formula E the update of calendar without the Canadian appointment: in fact, a “circuit still to be defined”. Should a solution not be found, the final event of the season will be the double ePrix of New York on 16 and 17 July.