MONTREAL -- Racing fans can expect the annual revving of high-speed engines at Circuit Gilles Villeneuve for at least another decade, as the Formula One Group reached an agreement worth more than $200 million to bring the Canadian Grand Prix back to Montreal through 2024. Jerry Rice Super Bowl Jersey . The Grand Prixs future in Montreal was secured with the help of substantial governmental investment: $62 million from the federal government, $50 million from Quebec, $62 million from Tourisme Montreal and at least $32 million from the City of Montreal. Montreal mayor Denis Coderre was on hand at the racetrack on Ile Sainte-Helene for the announcement on Saturday morning, alongside ministers of infrastructure and transport from the provincial and federal governments. "This is the place to be this weekend, and this is the place to be for the next 10 years," said Coderre, who worked on the deal for several months with Formula One. "The Canadian Grand Prix is part and parcel of Montreal. It is one of the big international events that builds on Montreals outstanding reputation and ranks it among the worlds great cities." As a condition to the agreements success, the City of Montreal also agreed to renovate the track, including making improvements to the team paddocks, the control tower, and the on-site medical centre, for which it will spend $25 million to $40 million. Coderre promised work would begin this fall and would be completed in time for the 2017 Canadian Grand Prix. "The importance of this showcase to Montreal is beyond measure," said the mayor. "If Montreal wants to present itself as a metropolis, and join the ranks of other great cities around the world, we have to maintain this high level of authority. Its our signature. Its part of our DNA. It is one of the big international events that builds on Montreals outstanding reputation." The deal is big. Montreals Formula One weekend attracts visitors from around the world, and repeatedly rakes in roughly $70 million to $90 million a year. It is broadcast in 150 countries and watched by approximately 300 million viewers worldwide. And its not just great for the City of Montreal, says former-F1 champion Jacques Villeneuve. Beyond the dollars and cents, Villeneuve believes the track named after his father is simply one of the most exciting in the world from a racing standpoint. "Its great for the teams and the drivers because its a fun track," he said on Friday in anticipation of the announcement. "Its a good venue. Everybody likes coming here. They come in a few days early. Its party time all week. Theres good energy." Villeneuve ranked Montreal as one of the top-four racing destinations, together with Monaco, Melbourne, and Singapore. "Its one of the few races that look different, where theres action," he said. "If you look at the modern tracks, you could be anywhere. They all look the same. And you fall asleep on your couch. Its one of those few that you need to keep on the calendar to keep Formula One special." Circuit Gilles Villeneuve -- all 4.3 kilometres of it -- is known for its sharp hairpin turn after the pit area, early safety cars, its tight Senna curves, and the kilometre-long straightaway along the Olympic basin that allows for speeds up to 300 kilometres per hour. Red Bulls Sebastian Vettel, who finished third behind Mercedes drivers Lewis Hamilton and Nico Rosberg in Saturdays qualifying session, says Montreal is one of his favourite races of the year. "Its one of the few places in the calendar where the whole city really parties all weekend long and embraces the Grand Prix and really appreciates it," he said. "For us, thats a great feeling, to stand on the grid and have so many fans during the drivers parade and when you race. Seeing the full grandstands makes your job extra special." "Its a great track, the fans are fantastic, so enthusiastic," added Rosberg. "Im very happy and Im sure everybody else is that well be coming here more often in the future." Notes: This year marks the 35th running of the Canadian Grand Prix in Montreal. The race gets underway Sunday afternoon. a In 2009, Montreal was removed from the F1 season when the provincial government refused to pay more to renew the race. The event returned the following year. Garrett Celek Super Bowl Jersey . LOUIS -- Julius Randle had 19 points and 15 rebounds, Aaron Harrison finished with 18 points and No. Jimmy Garoppolo Super Bowl Jersey.com) - Longtime Senators star Daniel Alfredsson returned to Ottawa on Thursday to officially announce his retirement.(SportsNetwork.com) - The Toronto Raptors look to distance themselves from the Brooklyn Nets in the Atlantic Division standings when the two teams collide Monday at Barclays Center. Watch the Raptors vs. Nets live tonight on TSN2 at 7:30pm et/4:30pm pt. The Raptors are four games ahead of Brooklyn for the division lead and have won two of the first three matchups this season, including a 104-103 triumph in the Empire State on Jan. 27. Mondays game should be an exciting one for how close the Raptors and Nets are in the Eastern Conference standings. Toronto will end a quick road trip against the Nets and posted a 111-104 victory Sunday in Minnesota, as DeMar DeRozan led the way with 25 points and Kyle Lowry followed with a triple-double of 20 points, 12 rebounds and 11 assists. "Kyle and DeMar down the stretch really turned it on," said Raptors coach Dwane Casey. "Kyles triple-double was huge for us. We needed all of his assists, all of his buckets and all of his rebounds." Terrence Ross, Amir Johnson and Steve Novak all scored 15 points for the Raptors, winners in three straight and nine of 11 games. Success beyond the 3- point line aided the Raptors, who sank 14-of-24 from long distance. Novak was 5-of-6 beyond the arc. "They shot the heck out of it from 3," said Timberwolves coach Rick Adelman. "Itts a game we just didnt do enough to win. Tarvarius Moore Super Bowl Jersey. " Toronto is 17-14 on the road and unbeaten in three straight as the guest. They are third in the East standings -- one game ahead of Chicago and four in front of Brooklyn -- and will start a three-game homestand Wednesday versus Detroit, Memphis and Phoenix. Brooklyn is sixth in the conference standings and 1 1/2 games behind Washington. It will shoot for a seventh straight win at home with the Raptors in town and handed the Sacramento Kings a 104-89 defeat Sunday. Former King Marcus Thornton scored 27 points off the bench and Joe Johnson added 18. Deron Williams ended with 10 points and seven assists for a Nets team that shot 53.2 percent and scored 28 points on 25 Sacramento turnovers. "Its always fun to play your former team and see your homeboys," said Thornton, "but my job was to focus on getting this win and we did." The Nets have won five of six and 11 of their last 16 games, and have a 19-11 record at Barclays Center this season. They will visit Miami and Washington in the middle of the week. Nets veteran Kevin Garnett is still nursing a back issue and is questionable Monday versus Toronto. Garnett hasnt played since Feb. 27 at Denver. Paul Pierce (shoulder) and Andrei Kirilenko (ankle) are both questionable as well and left Sundays game. ' ' '