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BRDC activate Silverstone break clause

The British Racing Drivers' Club have officially announced that they have triggered the break clause in their contract to host the British Grand Prix. The BRDC initially signed their existing deal with Bernie Ecclestone in 2010, when the cost of hosting the race started at £12million. However, a  a 5% year-on-year increase in hosting fees would see costs rise up to an unsustainable £26million by 2027. This year was the final chance the BRDC had to break away from the current contract in place and will technically host their last British Grand Prix in 2019. But, the activation of the clause does not necessarily mean this is the beginning of the end for Silverstone. The BRDC...
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7y ago from PlanetF1.com 0
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