MONTREAL - The stage is set for Formula One's return to Montreal next year.
Grand Prix F1 du Canada Inc., and F1's governing body have reached a settlement in their financial dispute.
The issue began last fall and led to the cancellation of the 2009 Canadian Grand Prix.
In a release, local promoter Normand Legault says an announcement that Montreal is back on the F1 schedule is "forthcoming."
Legault says he never doubted that the race would return to Canada.