French GP canceled for financial reasons

PARIS: The 2009 French Formula One Grand Prix has been canceled for financial reasons, organizers said on Wednesday.

"For economic reasons, the FFSA (French Motorsport Federation) has decided to cancel the (2009) French Grand Prix," said a statement posted on the race's website (wwww.gpfrancef1.com).

"The FFSA would like to thank all those clients who attended the French Grand Prix and have supported the event in the last few years," the statement added.