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

Maverick Vinales reveals the ‘biggest challenge’...

Maverick Vinales says his switch to the Tech3 KTM is “probably the...
20h ago from MotorsportWeek.c...

Alex Marquez hits back at ‘disrespectful’...

Alex Marquez has hit back at claims he has “too much respect” for...

Marco Bezzecchi takes responsibility for crashing out...

Marco Bezzecchi admits he made "a bad mistake" on the first lap...

Popular On IndyCarToday.com

Popular On TotalWRC.com

Elfyn Evans bags the big game on Safari

Elfyn Evans and Scott Martin claimed their maiden Safari Rally Kenya...

Popular On GunnersToday.com

Arsenal & Chelsea keeping an eye on underrated 12...

Arsenal and Chelsea are reportedly among the clubs showing an interest in...
59m ago from CaughtOffside.com

'Announcement' imminent as Arsenal deal has already...

Fabrizio Romano says an announcement over Andrea Berta's move to Arsenal...
2h ago from CaughtOffside.com

Mikel Arteta wants 23-year-old Spaniard at Arsenal;...

Arsenal will be looking to sign a new back-up goalkeeper in the summer...
1h ago from CaughtOffside.com

Real Madrid could find themselves without Kylian...

Real Madrid could reportedly find themselves without as many as four...
1h 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.