From GMM

The likely return to the F1 calendar of the Canadian grand prix continues to confuse, after another day of confirmation swiftly followed by denial.

Raymond Bachand, the relevant minister of the regional Quebec government, told French language television LCN on Thursday that formula one will race at the Circuit Gilles Villeneuve next June 6 after an agreement with Bernie Ecclestone was reached.

According to RDS.CA, Bachand revealed that the agreement involves the transfer of $15 million per year to Ecclestone, the F1 chief executive.

However, in the evening, Montreal mayor Gerald Tremblay dismissed Bachand's interview, insisting the deal has "not been finalised" but that "everyone is optimistic" about a positive outcome.

He said an announcement will only be made after all the documentation has been signed.