Cable / Telecom News

Bell buys the Canadian Grand Prix

MONTREAL - Bell Canada announced Friday it has agreed to acquire the operations of Montréal's Octane Racing Group Inc., promoter of the Formula 1 Canadian Grand Prix, what it calls “the largest annual sports and tourism event in the country.” Unfortunately, due to the Covid-19 pandemic, the event has been cancelled for two straight years. However, “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...