News Details
Silverstone 'sold'
Silverstone, home of the British Grand Prix, has reportedly been 'sold' to an unnamed buyer, paving the way for a business park to be built on the grounds.
According to the Independent newspaper, in a bid to pay off mounting debts, the British Racing Drivers' Club has 'sold' the circuit to another party believed to a real estate firm for a reported "£40m."
However, the sale is not so much a sale as a "long-term lease" as BRDC's members did "not given consent for the board to sell Silverstone outright."
A BRDC member told the British newspaper: "A deal has been done on Silverstone.
"I don't know who bought it and I don't know what the terms are,...
Full Story »
Full Story »
12y ago from PlanetF1.com
0
You May Also Be Interested In...
Silverstone sold by BRDC - report
Silverstone is under new ownership after being sold by the British Racing...
12y ago from espnF1.com
Silverstone changes hands
Silverstone is under new ownership as the British Racing Drivers Club...
12y ago from Pitpass.com
Reports: Silverstone sold to allow development
A report has tonight emerged stating that Silverstone has been sold to an...
12y ago from RichlandF1.com
The BRDC cannot go on as they are says member
A member of the British Racing Drivers Club (BRDC), which owns...
12y ago from Pitpass.com
Elsewhere On The Network
Popular On MGPToday.com
Marc Marquez reveals he was ‘close' to retiring...
Factory Ducati rider Marc Marquez reveals he considered retiring from...
3h ago from MotorsportWeek.c...
Jorge Martin exclusive: People don’t realise how...
No description available...
3h ago from Motorsport.com
Marc Marquez: Alex would be appreciated more if he had...
No description available...
1h ago from Motorsport.com
Step inside the Ducati garage at the MotoGP sprint in...
No description available...
22h ago from Motorsport.com
Popular On IndyCarToday.com
Dale Coyne Racing signs Dennis Hauger, forms technical...
No description available...
1d ago from Motorsport.com
Dale Coyne signs IndyNXT champion Dennis Hauger for...
Dale Coyne Racing has announces that it has signed Dennis Hauger to drive...
23h ago from MotorsportWeek.c...
Team Penske places David Malukas in the iconic #12...
Team Penske has announced that David Malukas will be joining the team and...
5d ago from MotorsportWeek.c...
Zak Brown addresses three areas IndyCar can improve
McLaren CEO Zak Brown penned an open letter on Monday outlining his...
1w ago from MotorsportWeek.c...
Popular On TotalWRC.com
Mandated rest periods at WRC rallies to face FIA vote
No description available...
3h ago from Motorsport.com
Hyundai call set to boost Ott Tanak’s WRC title...
No description available...
21h ago from Motorsport.com
WRC swaps Sardinia for Rome as home of Rally Italy...
No description available...
22h ago from Motorsport.com
Why Elfyn Evans claims "everything is open"...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
When Arsenal scraped past Port Vale on their way to...
enal were the best team in the country in 1998 but needed a replay and...
6h ago from TheGuardian.com
Arteta talks injuries/rotation ahead of EFL Cup tie...
Morning all. We are in EFL Cup 3rd round action this evening when we...
6h ago from Arseblog.com
Report: Arsenal & Liverpool contacted about...
Arsenal and Liverpool have reportedly both been contacted to be informed...
8h ago from CaughtOffside.com
“He will spoil the whole training ground” -...
Emmanuel Adebayor has issued a strong warning to Arsenal manager Mikel...
21h ago from SportsKeeda.com
Comments
Hottest News
Yuki Tsunoda handed shock update over Red Bull future
Yuki Tsunoda has been handed a shock update over... Read More »
3h ago from GPFans.com
Charles Leclerc reveals major regret after unusual change
Charles Leclerc's run of consecutive pole... Read More »
43m ago from RacingNews365.com
Villeneuve: Ferrari completely lost and need some direction
After Ferrari’s false dawn after Baku practice,... Read More »
1h ago from GrandPrix247.com
