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Is the BRDC about to drop the British Grand Prix ?

©WRI2 According to ITV News, the management of Silverstone circuit is considering dropping the British Grand Prix due to its exorbitant costs. The British Racing Drivers Club, which owns Silverstone and acts as the event's promoter,  has apparently sent a letter to its members warning of the "potentially ruinous risk" of continuing to host the money-losing event. In the letter dated December 19th, the BRDC chairman, John Grant, expressed a wish to "preserve the BGP" but told members "the Board is considering whether we should give notice before the 2017 BGP (as required) of our intention to exercise the break clause in the BGP contract at the end of 2019....
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