News Details
Silverstone's future as Brit GP host under threat
Silverstone's managing director has admitted that he can't guarantee the future of the British Grand Prix as the track is in need of an investor. The Northamptonshire circuit's current deal runs until the 2026 season, but the Daily Telegraph reports that a 'clause in the agreement with F1's boss Bernie Ecclestone allows it to be terminated as early as next year'. The paper adds that Silverstone is in arrears when it comes to paying its hosting fees and will need 'a letter of credit from its bankers is necessary for the race to go ahead'. 'They are paying next year for this year’s race because I have allowed them to do this otherwise they would have closed before,' Ecclestone said....
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10y ago from PlanetF1.com
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