The Canadian Grand Prix will remain on the 2017 Formula One World Championship calendar after a deal was confirmed with the sport's commercial rights holders.

The race was one of three, alongside Brazil and Germany, which was subject to confirmation in the provisional calendar announcement. F1 chiefs were also keen for the Montreal circuit to undergo renovations to meet new standards ahead of 50 years of the sport in Canada.

Montreal city mayor Denis Coderre confirmed via Twitter: "There will be a Grand Prix of Canada in 2017."

While F1's future in Canada is secured speculation grows around both the Malaysian and Singapore races which could potentially drop off the calendar in the near future.

Sepang, which has hosted F1 since 1999, has cited dwindling spectator numbers and television figures and could stop hosting the sport as soon as 2018.

Singapore organisers are currently in dispute with Bernie Ecclestone over negotiations on a new deal and could also fall off the F1 race calendar in 2018.

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