Canadian Organisers: GP Tickets will Cost More

Organisers of the Canadian Grand Prix said ticket prices to the 2004 event will have to rise, after announcing a new C$29 million (US$22.3 million) package to compensate teams hit by a law banning tobacco advertising.

Canadian Organisers: GP Tickets will Cost More

Organisers of the Canadian Grand Prix said ticket prices to the 2004 event will have to rise, after announcing a new C$29 million (US$22.3 million) package to compensate teams hit by a law banning tobacco advertising.

The Canadian Grand Prix in Montreal was initially scratched from next year's calendar but was provisionally reinstated in October, subject to a satisfactory financial agreement with the teams for running without tobacco sponsorships.

"We have reached a deal with Formula One Management and Bernie Ecclestone, representing the teams, and the Canadian Grand Prix will be on the calendar in 2004 and beyond (until 2006)," race promoter Normand Legault told a news conference.

Legault said the package, a "discount" compared with the C$42 million he said was requested by Ecclestone, would "buy out" the contractual clause allowing the F1 boss to withdraw if cars were unable to run with their cigarette logos.

The race promoter added the deal called for Ecclestone to pitch in, but did not say by how much.

In a statement, Ecclestone said: "All of the Formula One community is pleased to be able to return to Montreal in June and to run there in 2004. We eagerly await this event, which is among the most treasured in the championship".

Compensation Plan

Three of the top four teams, Ferrari, McLaren and Renault, are heavily dependent on tobacco sponsorship. British American Racing is part-owned by British American Tobacco while Jordan is also backed by a cigarette brand.

Canadian organisers, who had said they could not pull off the compensation plan by themselves, will get C$6 million from both the federal and Quebec governments.

Labatt Breweries will put in C$5 million, leaving a C$12 million gap to be filled by Legault, who will try to raise the money through new and existing sponsors.

Though encouraging for the local tourist industry, the Grand Prix generates an estimated C$80 million for the city, the news was a mixed blessing for fans as Legault said ticket prices would have to rise.

The cash-settlement approach by Canada differs from how Belgian organisers and politicians dealt with their tobacco ban.

Belgium postponed its legislation to ensure the race at Spa-Francorchamps returned next year after being dropped from the 2003 calendar.

Tobacco sponsorship is also due to be prohibited in the European Union from mid-2005.

shares
comments
Webber Pledges Future to Jaguar
Previous article

Webber Pledges Future to Jaguar

Next article

Ask Nigel Roebuck: November 19

Ask Nigel Roebuck: November 19
How departing F1 boss Brawn views F1’s new rules - and the future Plus

How departing F1 boss Brawn views F1’s new rules - and the future

Multiple-title-winning designer and team boss Ross Brawn is finally leaving Formula 1 after nearly 50 years in motorsport. But he still has plenty of insights on what’s working and what comes next, as he revealed to Autosport in a far-reaching exclusive interview in Abu Dhabi

Formula 1
Dec 2, 2022
The key F1 management call Ferrari must make to avoid more defeat Plus

The key F1 management call Ferrari must make to avoid more defeat

OPINION: Mattia Binotto’s departure from Ferrari will naturally bring a range of changes across the Formula 1 team. But how the changes shape up and the impact they could have is set to be dictated by a key direction Ferrari’s top dogs will need to pick

Formula 1
Nov 30, 2022
The difference between Mercedes’ stumble and the fall of F1 giants Plus

The difference between Mercedes’ stumble and the fall of F1 giants

OPINION: Mercedes endured its worst season of the hybrid Formula 1 era, but was mercifully spared its first winless campaign in over a decade late on. It has owned up to the mistakes it made which led to its troubled W13. And while its task to return to title-challenging contention is not small, its 2022 season seems more like a blip than the beginning of a downward spiral.

Formula 1
Nov 29, 2022
The physical focus bringing out the best of an F1 midfield star Plus

The physical focus bringing out the best of an F1 midfield star

Esteban Ocon likes to point out he’s the first driver since Lewis Hamilton to emerge from a spell as Fernando Alonso’s team-mate with a superior overall points record. While some may disagree, as LUKE SMITH discovered, the 2021 Hungarian GP winner reckons it’s not just luck which has made him France’s pre-eminent Formula 1 driver of the moment…

Formula 1
Nov 28, 2022
How Red Bull's dynamic leader shaped its F1 philosophy Plus

How Red Bull's dynamic leader shaped its F1 philosophy

The death of Dietrich Mateschitz last month has not only deprived Red Bull of its visionary founder, it has shorn Formula 1 of one of its most influential benefactors. Mateschitz himself was famously media-shy, preferring to let the brand do the talking on his behalf. And, while it’s now normal to speak of Red Bull F1 titles and champions made, Mateschitz never assumed it would be easy or even possible – as ANTHONY ROWLINSON discovered during this previously unpublished interview from 2006…

Formula 1
Nov 27, 2022
Can Mercedes break Formula 1's cycle of doom? Plus

Can Mercedes break Formula 1's cycle of doom?

OPINION: Teams that have dominated for long periods throughout Formula 1's history often take years to get back to the top of the tree once they've slipped down. But it remains to be seen whether the same will happen to Mercedes after a challenging 2022 season

Formula 1
Nov 24, 2022
What hurt Perez most in his ill-fated fight for second in Abu Dhabi Plus

What hurt Perez most in his ill-fated fight for second in Abu Dhabi

Arguably the favourite in the battle to finish second best in 2022's Formula 1 standings, Sergio Perez's two-stop strategy at Abu Dhabi couldn't take him ahead of Charles Leclerc when the music stopped - and several key factors ultimately precluded him from the much-coveted runner-up spot

Formula 1
Nov 23, 2022
The Abu Dhabi momentum that can propel Leclerc and Ferrari to F1 2023 success Plus

The Abu Dhabi momentum that can propel Leclerc and Ferrari to F1 2023 success

OPINION: Charles Leclerc achieved his target of sealing runner-up in the 2022 world championship with a masterful drive behind Max Verstappen in Abu Dhabi. And that race contained key elements that may help him, and Ferrari, go one better in Formula 1 2023

Formula 1
Nov 22, 2022