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When dumping an F1 race is profitable
If the Telegraph has their sums right, ditching the British Grand Prix may just be a money-making proposition for the BRDC's Silverstone Circuit. According to the report: “while we would hate to lose the British GP, Silverstone will have a bright future without it”. It has now come to light how bright this will be. The BRDC’s accounts state that “approximately half of annual revenue continues to be generated by a single event, the British GP”. This came to £27.5m in 2016 with the remainder generated by amateur events and other races. They will be retained and, unlike F1, are highly profitable. The BRDC announcement revealed that “by running the British GP we sustained...
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6y ago from TheParcFerme.com
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