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The French motorsport federation have announced today that they will withdraw next years French Grand Prix from the 2009 championship for financial reasons, despite being included on the official calendar to hold round eight from June 26th to 28th.

In an earlier statement, the Federation Francaise du Sport Automobile (FFSA) announced “After examining the economic situation, the FFSA renounces to be the financial promoters of a Formula One Grand Prix.” With no other race promoters available, this is likely to spell the end of F1 racing at the Magny-Cours circuit in France, which has been under threat of removal since 2007. The French Grand Prix has been an event in every Formula One championship, excluding 1955, and the race has been held at Magny-Cours since 1991. Whether the FFSA are considering hosting the French race at a new venue in the years following 2009 has yet to be announced.

This leaves next years calendar with just 17 events after the removal of the Canadian Grand Prix last week.

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