Abu Dhabi is scheduled to hold its first ever Formula 1 Grand Prix on November 11 of this year. Due to tight capital, though, it is being reported that the event's organizers are behind on the building schedule for the race track and new support hotels. If that race gets replaced, rumor has it that Montreal will be asked to step up. Montreal would certainly get our sympathy vote -- the city's grand prix site still features a timer that is busy counting down to nothing...
- Noah Joseph
- Nov 18, 2008
According to Montreal mayor Gerald Tremblay, Ecclestone put forward an outrageous proposal extorting exorbitant multi-million-dollar fees from the race organizers, who receive backing from the three levels of government. The Canadian representatives then began considering levying a new tax over local hotels to cover the cost and planning to establish a non-profit organization to come up with a fiscally sound counter-offer, but even those prospects were completely shut down when Ecclestone stated
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