News Details

Grant: Silverstone is not alone struggling with F1 fees

Silverstone is unlikely to be alone among European circuits in deciding it can no longer afford to host Formula 1  without a better deal, according to British Racing Drivers' Club (BRDC) chairman John Grant. 'It’s reasonable to assume we generate more revenue than any other European grand prix and we still can’t make the numbers work,' he said on Tuesday after announcing that the BRDC-owned British Grand Prix circuit was breaking its contract. The decision means Britain risks having no race after 2019 unless a revised deal is agreed. 'We believe that we run the event quite efficiently and our costs of delivery we think are low,' added Grant. 'So the economics of the other European...
Full Story »
7y ago from GrandPrix247.com 0
Share

You May Also Be Interested In...

Ecclestone: I would be surprised we lose Silverstone

Former Formula 1 supremo Bernie Ecclestone believes Silverstone will stay...
7y ago from GrandPrix247.com

BRDC activates 2019 British GP break clause

– The British Racing Drivers' Club (BRDC), owners of Silverstone,...
7y ago from GPUpdate.net

No current plans for BRDC to sell Silverstone to...

BRDC Chairman John Grant insists there are no plans to sell Silverstone to...

Elsewhere On The Network

Popular On MGPToday.com

Francesco Bagnaia explains ‘weak point' that...

Factory Ducati rider Francesco Bagania explained his "weak...

LCR boss reveals Honda is ‘more determined than...

LCR team owner Lucio Cecchinello has revealed that Honda is "more...

Popular On IndyCarToday.com

Scott Dixon fastest as technical issues delay first...

34 drivers arrived at the Indianapolis Motor Speedway on Wednesday eager...
12h ago from MotorsportWeek.c...

Three rookies, five returning drivers successfully...

The NTT IndyCar Series held the beginning of a two-day open test session...
15h ago from MotorsportWeek.c...

Popular On TotalWRC.com

M-Sport chief Malcolm Wilson nominated as FIA deputy...

Malcolm Wilson, OBE, and founder of title-winning WRC outfit M-Sport, has...

Popular On GunnersToday.com

'Many reasons' Arsenal have picked up alarming record...

Arsenal picked up their 13th draw of the season in the Premier League...
2h ago from CaughtOffside.com

'Starting to feel too comfortable' - Theo Walcott...

Former Arsenal forward Theo Walcott has called out Martin Odegaard for...
1h ago from SportsKeeda.com

'Twice now that's happened' – Martin Keown...

Arsenal legend Martin Keown has made a rather worrying observation ahead...
3h ago from CaughtOffside.com

'They are in talks with him' – David Ornstein...

David Ornstein has delivered some potentially significant Arsenal transfer...
42m 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.