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Silverstone break F1 contract
Silverstone's owners have confirmed they have triggered the break clause in their contract to host the British GP. But what does that mean? While The British Racing Drivers' Club will opt out of their current contract in 2019, that does not mean the iconic circuit will be gone from the F1 calendar forever. Confused? Sky F1 has the answers... Why have Silverstone broken their contract?There is only one reason Silverstone have terminated their F1 contract early: costs. Put purely and simply, the terms of the 17-year contract they signed eight years ago have increasingly become too onerous for the BRDC, the circuit's owners, to afford. A five per cent fee escalator built into the deal means...
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7y ago from SkySports.com
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