Share this article Share this article Investing in Canada's largest annual sports and tourism event and in Montréal's enduring legacy in international motorsports Tickets already purchased will be valid for the 2022 Canadian Grand Prix or will be refunded by Bell MONTRÉAL, April 30, 2021 /CNW Telbec/ - Bell today announced it has agreed to acquire the operations of Montréal's Octane Racing Group Inc., promoter of the Formula 1 Canadian Grand Prix, the largest annual sports and tourism event in the country. After the cancellation of the 2020 and 2021 Grand Prix events in Montréal due to COVID-19, Bell's investment brings the financial stability and enhanced investment needed to ensure the long-term growth of the Formula 1 Canadian Grand Prix. With the event now secured in Montréal through 2031, today's announcement unlocks a wide range of enhanced commercial opportunities for both Bell and F1.