The Canadian Grand Prix is staying on the Formula One calendar until at least 2035. Octane Racing Group — the Canadian GP promoter — and several government officials announced a four-year contract extension on Tuesday.

McLaren driver Oscar Piastri of Australia leads teammate Lando Norris of the U.K. during the Formula One auto racing action at the Canadian Grand Prix in Montreal on Sunday. The Formula One contract has been extended for four years until 2035. Evan Buhler/The Canadian Press

The Canadian Grand Prix in Montreal will stay on the calendar through 2035 after agreeing a four-year extension to the existing deal, Formula One said on Tuesday.The contract renewal also includes a long-term extension to Bell Media's media rights deal,