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Bank guarantee secures 2018 French Grand Prix return

:Headline: Bank guarantee secures 2018 French Grand Prix return: ID:291326: from db_amp
France's return to the Formula 1 calendar is definitely on for 2018.

France's return to the Formula 1 calendar is definitely on for 2018.

In December, it emerged that after a decade's absence, France will be back on the 2018 schedule with a race at Paul Ricard and a new five-year contract.

Until now the actual deal was not complete, but French publications including La Provence now report that Paul Ricard's 2018 race will definitely happen.

"December 5 was a historic date because that was when we announced the return," said organiser and local politician Christian Estrosi.

"But this is another historic date, because now we can say 'The return of the French Grand Prix is go!'

"We have just obtained the bank guarantee for the sustainability of our race with Credit Agricole Alpes-Provence", Estrosi announced.

"There was no viable grand prix without a bank guarantee, but it was accepted a few days ago."

The last French Grand Prix was won by Ferrari's Felipe Massa in 2008.

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