Everyone's surprised as the FIA has announced it is canceling the Canadian Grand Prix. Those in the world of F1 racing have come to know the event as a staple of the F1 calendar. Racing fans in Montreal, this writer's home town that has hosted the race for the past three decades, are shocked to lose the event. And that includes the race organizers, who apparently learned of the news the same way the rest of us have.

The cancellation of the race leaves a month-long gap in the race calendar in August of next season, and with the U.S. Grand Prix off the schedule the past few years, means F1 will stay completely out of North America. And save for the Brazilian Grand Prix, out of the Western Hemisphere altogether. But the trip across the Atlantic for the one race cost the teams dearly, and the sport's organizers have been on a crusade to cut costs. No doubt the officials at le Circuit Gilles Villeneuve will be burning up the phone lines to Formula One Management and the FIA, and organizers in far-flung Rio de Janeiro and Melbourne will be waiting for the proverbial other shoe to drop. Thanks to everyone who sent in the tip.

[Source: F1-Live, Photo by CARLO ALLEGRI/AFP/Getty]