The French motorsports federation announced on Wednesday that it will not promote the race in 2009 due to financial difficulties.
"For reasons related to the financial situation, the Federation Francaise du Sport Automobile (FFSA) has decided to cancel the Grand Prix of France," said the FFSA in a statement.
"The FFSA would like to thank all customers who attended the Grand Prix of France and have supported this international event in recent years."
The French race was on the calendar announced earlier this month by the FIA for the 2009 season.
The decision leaves the 2009 calendar with 17 races after the Canadian Grand Prix was also absent from the schedule.