From GMM

More light has been shed on the cancellation of the 2009 Canadian grand prix. Montreal local radio station CJAD claims the race's promoter, F1 Grand Prix du Canada, owes the Bernie Ecclestone-led Formula One Management some $10m.

The arguments make no sense to BMW-Sauber team boss Mario Theissen, however, who expressed disappointment with the loss of the last North American stop on the calendar.

"The North American market still is the biggest one, not just for BMW," he told reporters at Fuji Speedway on Thursday.

The German said the development is also a backwards step for efforts to reinstate a U.S. grand prix, after Indianapolis chiefs and Ecclestone failed to reach an agreement for 2008 or 2009.

"The intention should be not to step out of this market but just the opposite - to use Montreal as door opener for a future US race as well," Theissen added.


Photo Credit : BMW