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Montreal announced today that it will cancel its Formula E race weekend after last year’s race weekend cost taxpayers millions of dollars and left the organizers in debt, the CBC reports.

Montreal mayor Valérie Plante claims that taxpayers would have to pay up to $35 million CAD ($27 million U.S.) to host the second running of the Montreal ePrix, and it didn’t make financial sense.

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Montreal Bungles Formula E Race Weekend So Badly It Won't Return Next Year

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