The French language newspaper La Presse earlier reported that minor details and funding are now the only obstacles to reviving the Circuit Gilles Villeneuve event ahead of the 2010 season, after it was conspicuously absent from this season's schedule.

The mayor of Montreal on Thursday confirmed that a final agreement to bring formula one back to the Canadian city is nigh.

The French language newspaper La Presse earlier reported that minor details and funding are now the only obstacles to reviving the Circuit Gilles Villeneuve event ahead of the 2010 season, after it was conspicuously absent from this season's schedule.

Responding to the reports, mayor Gerald Tremblay told Canadian media that a tentative deal with Bernie Ecclestone, who also hinted at the arrangement in recent interviews, has been reached.

The reports said a date for the race has not been set, but a provisional 2010 calendar is expected to be published within weeks.

 

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