MONTRÉAL, Aug. 2, 2024
/CNW/ - Octane Racing Group today announced that after 30 years in
the organization, François Dumontier, President and CEO, will hand
over the reins of Octane Racing Group.
François Dumontier was appointed Operations Coordinator for the
Formula 1 Canadian Grand Prix in 1994, and later Director of
Operations in 1996, after beginning his career at Société de l'île
Notre-Dame. He founded the Octane
Racing Group in 2002 and became President and CEO of the Formula 1
Canadian Grand Prix in 2009. François is also President of the
National Sporting Authority (ASN) of Canada and a member of the Canadian Motorsport
Hall of Fame (CMHF). Over the years, he has been heavily involved
in the development of motorsports in Canada, as well as its international
influence.
"It is with a profound sense of accomplishment that I hand over
the wheel after devoting thirty years to the development of
motorsports in Canada, and in
particular Formula 1 in Montréal. I am proud to leave a legacy of a
world-class event – the most important sporting event in
Canada, to the city of Montréal,
to Québec and to Canada. Formula 1
is more popular than ever, and I wish the organization success as
Montréal continues to take its place on a fast-developing circuit.
"
- François
Dumontier, former President and CEO of Octane Racing Group
To ensure a smooth transition, François Dumontier will stay on
as a strategic advisor. He will also continue to serve on the FIA's
Circuit Sport Committee and Single-Seater Committee.
Jean-Philippe Paradis becomes President and CEO
of Octane Racing Group
Jean-Philippe Paradis will assume
leadership of the Octane Racing Group, effective immediately, in
addition to his role at Bell Media. Jean-Philippe is an experienced
and astute leader with extensive business and management
experience. As a VP at Bell Media, he has worked closely with
Octane Racing Group, most recently for the organization and
promotion of the 2024 Formula 1 Canadian Grand Prix. Jean-Philippe
is passionate about sports and their importance in our
communities.
"I'm honoured to be named President and CEO of Octane Racing
Group. The Formula 1 Canadian Grand Prix is one of Canada's largest sporting and tourism events,
attracting fans from all over the world, and 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 advisor."
-
Jean-Philippe Paradis, incoming
President and CEO, Octane Racing Group
Sandrine
Garneau promoted to Chief Operating Officer, Brand &
Strategy
Sandrine Garneau currently
Executive Director, Brand & Strategy for Octane Racing Group
will be promoted to Chief Operating Officer, Brand & Strategy,
effective immediately. Sandrine has been with the Octane Racing
Group since 2014. She started her career in a communications and
marketing coordinator role, and quickly rose through the leadership
ranks. She was instrumental in raising the profile of the Formula 1
Canadian Grand Prix to where it is today. With her great leadership
skills and in-depth knowledge of Formula 1, she will be
instrumental in ensuring the Formula 1 Canadian Grand Prix reaches
new heights.
About Octane Racing
Group
A Montréal-based Canadian company, Octane Racing Group Inc. is
the promoter of FORMULA 1 GRAND PRIX DU CANADA through an agreement made with Formula
One Administration Limited and Formula 1 World Championship Limited
(which, together, hold the commercial rights to F1). Bell acquired
the Octane Racing Group in 2021, which now operates as a standalone
entity within the Bell group of companies.
For information:
Caroline Audet
media@bell.ca
SOURCE Octane Racing Group