The Canadian Grand Prix could lose its place on the F1 calendar unless improvements are made to the Montreal circuit, it has been reported.

According to La Presse, F1 boss Bernie Ecclestone is demanding a major overhaul before he will discuss extending the current contract beyond 2014. The report adds, however, that it is hoped an agreement can be reached soon, with an announcement being made at next month's event.

Race promoter Francois Dumontier meanwhile added that any talk of the race being under threat was wrong.

"It's premature to talk about this," he told RDS. "There are still two years to go on the current contract. We have started talking, but that it's out now I find excessive. Honestly, I don't know where it's come from.

"Given that the permanent installations of the circuit, including the control tower and the garages, are nearly 25 years old, it is likely that their repair is an important element in the negotiations for an extension to the current agreement. But it seems to me to be premature to talk specific sums."

Montreal has hosted the Canadian GP every year since 1978 - except in 1987 and more recently in 2009.

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