17 Nov 2008

Canadian officials says unreasonable demands lead to loss of Montreal F1 race

6:23 pm on 17 November 2008

Canadian officals are blaming the 'unreasonable demands' of Formula One supremo Bernie Ecclestone for the failure of their attempts to save the country's grand prix.

The officials had hoped to persuade Ececlestone to reinstate the race in Montreal after it was dropped from the calendar, leaving North America without a grand prix for the first time in 50 years.

Ecclestone had made a final contract offer at the end of last month demanding that an eventual promoter put up a government or bank guarantee of some $250 million over the next five years.