News Details

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...
Full Story »
8y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

BRDC activates 2019 British GP break clause

– The British Racing Drivers' Club (BRDC), owners of Silverstone,...
8y ago from GPUpdate.net

Ecclestone: I would be surprised we lose Silverstone

Former Formula 1 supremo Bernie Ecclestone believes Silverstone will stay...
8y ago from GrandPrix247.com

Decision day looms for Silverstone

Silverstone may trigger a break clause in its F1 contract next week but...
8y ago from SuperSport.com

British Grand Prix: Silverstone set to make...

Silverstone's owners are expected to announce on Tuesday that they will...
8y ago from BBC.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Yamaha launches 2026 MotoGP livery in Jakarta

Monster Energy Yamaha has unveiled the newest edition of its M1 machinery...

Fabio Di Giannantonio: Ducati no longer have an edge...

Fabio Di Giannantonio believes Ducati no longer have an edge over rival...

Popular On IndyCarToday.com

Ed Carpenter to contest 23rd Indianapolis 500

Owner of the Ed Carpenter Racing IndyCar team Ed Carpenter will race in...
11h ago from MotorsportWeek.c...

Pato O’Ward joined by F2 champion in McLaren F1...

McLaren has announced its driver development program lineup for 2026,...

Long Beach to bring in new leadership for iconic event

Organizers of the annual Grand Prix of Long Beach event have announced...

Popular On TotalWRC.com

Popular On GunnersToday.com

Report: Arsenal chief Andrea Berta in active talks...

Arsenal sporting director Andrea Berta is reportedly in active talks with...
39m ago from CaughtOffside.com

Sources: Arsenal & Chelsea sense opportunity to...

Arsenal and Chelsea are both working to position themselves as favourites...
1h ago from CaughtOffside.com

Wayne Rooney provides honest response when asked if...

Wayne Rooney claimed his 2007/08 Manchester United side would ‘batter’...
2h ago from SportsKeeda.com

Arsenal open to attacker exit but 28-year-old wants...

Arsenal are prepared to consider offers for Gabriel Jesus, according to...
3h ago from CaughtOffside.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.