The mayor of Montreal has revealed that a deal is close to see the Canadian Grand Prix return to the F1 schedule for the 2010 season.

Speaking at a press conference in the city, Gerald Tremblay confirmed that discussions were ongoing about bringing the event at the Circuit Gilles Villeneuve back onto the calendar after it was missing from the 2009 schedule.

A proposed deal would see F1 return to North America after an event in the region was missing this season. Indeed, the 2009 season marked the first time Canada hasn't hosted a race since 1987.

"There are still certain commitments which have been made that have to be refined," Tremblay was quoted as saying by the Canadian Press agency.

"Right now, we're trying to finalise this agreement in the best interests of Montreal.

"We want Montreal to regain its status as one of the largest Grand Prix (races) in the world."