F1 chief Bernie Ecclestone told the magazine that "everyone in Formula One loves the Canadian Grand Prix."
Montreal's 2009 Grand Prix race was cancelled because Ecclestone wanted $175 million over five years to keep the race here.
That was too expensive for everyone involved, and government officials were only willing to cough up $10 million a year for a five-year deal.
But over the past year, government officials, including Montreal mayor Gerald Tremblay, have had several negotiation sessions with Ecclestone, and in July they announced they'd offered the F1 chief $75 million dollars over five years to bring the race back.
Ecclestone was also under pressure to reinstate Montreal's race, since it was the only North American stop for the F1 tour, but he apparently has no plans to add more stops on this continent.
F1 Difficulties
The F1 circuit has been plagued with difficulties this year, mostly because of the poor economy.
Honda has pulled out of F1, and BMW says it will not compete next season, saying the race was just too expensive and they could no longer afford to spend the money necessary to compete.
Ferrari also threatened to break away and create a new racing series that would be cheaper to operate.
