François Dumontier steps down as CEO of Canadian Grand Prix

Will stay on as strategic adviser; Bell VP Jean-Philippe Paradis is new CEO

Dumontier was named operations coordinator of the Canadian Grand Prix in 1994. He became director of operations two years later.

He founded Groupe de course Octane in 2002, before becoming president and CEO of the Canadian Grand Prix in 2009.

“It is with a profound sense of accomplishment that I hand over the wheel after devoting 30 years to the development of motorsports in Canada, and in particular Formula 1 in Montreal,” Dumontier said in Octane’s statement.

“I am proud to leave a legacy of a world-class event — the most important sporting event in Canada, to the city of Montreal, to Quebec and to Canada. Formula 1 is more popular than ever, and I wish the organization success as Montreal continues to take its place on a fast-developing circuit. ”

Dumontier will act as a strategic adviser during the transition process.

Paradis has worked with the Octane Racing Group for the past two years to organize and promote the Grand Prix.

“I’m honoured to be named president and CEO of Octane Racing Group,” Paradis said in the statement. “I am excited to lead this amazing team going forward. I would like to thank François Dumontier for his leadership over the past three decades; his impact on Canadian motorsports is immense. I wish him well for the future and I look forward to continued collaboration with him as our strategic adviser.”

Sandrine Garneau, currently general manager, brand and strategy of the Octane Group, was also promoted to chief operating officer, brand and strategy, effective Friday.

Garneau has been part of the Octane team since 2014. At the beginning of her career, she was the communications and marketing coordinator.

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