P1racenews AI automatic summary:
The Canadian Grand Prix promoter will change after 30 years, with the person responsible for the event stepping down from his position.
Francois Dumontier, who has organized the Canadian Grand Prix for the last 30 years, has relinquished his position as head of the race at Circuit Gilles Villeneuve. The outgoing CEO and president of Octane Racing Group, first oversaw the event in 1994. Jean-Philippe Paradis, a vice president at Bell Media, will succeed Dumontier after the conglomerate’s acquisition of Octane Racing Group in 2021. Dumontier expressed pride in his legacy of hosting a world-class event and supporting the growth of Formula 1 in Canada. As a strategic advisor, he will assist Paradis through the transition despite his immediate departure. Paradis looks forward to leading the team and continuing the success of the Formula 1 Canadian Grand Prix, expressing gratitude towards Dumontier for his influential leadership in Canadian motorsports.