No British Grand Prix after 2019? BRDC triggers break clause over Silverstone

Jul 13, 2017, 00:38
No British Grand Prix after 2019? BRDC triggers break clause over Silverstone

Silverstone's owners, the British Racing Drivers' Club (BRDC), triggered a break clause in their contract on Tuesday that threw the future of the country's Formula One race into doubt. That being said, this should be no real cause for concern for aficionados of the sport and of the historic track, as it seems both Liberty Media and the BRDC are strongly interested in keeping a British Grand Prix on the calendar.

"They deserve to have the recognition for the historical value the circuit has, which has contributed to some incredible races".

With Chase Carey adamant that the deal can not be renegotiated, for such a move would encourage circuit owners to make similar demands, Brown suggests Liberty should consider buying the track.

Silverstone is a private members club and Grant said: "The revenue simply does not cover our costs and it can't go on".

"We can no longer let our passion for the sport rule our heads".

The BRDC has indicated that in 2015 he had lost 2.8 million pounds sterling (approximately $4.6 million CDN) and 4.8 million pounds (7.97 million dollars) a year ago.

"But we have also said in recent months that it is the BRDC's strategic direction not to sell Silverstone circuit".

"We feel there is no better way to celebrate the exciting season we have had so far than to have this landmark event in London on the eve of the British Grand Prix".

No Riyad Mahrez transfer bids, says Leicester boss Craig Shakespeare
The Algeria worldwide wants to join the Gunners and feels his club are backtracking on a vow made to him when he snubbed an exit to sign a new contract last summer.

Nathan's Hot Dog Eating Contest 2017 results: Joey Chestnut wins 10th title
You can't get more American on Independence Day than grilling up some dogs, watching baseball and enjoying some fireworks. Chestnut even broke his own previous record, eating 72 hot dogs and buns in just 10 minutes.

'Jaga Jasoos' will be a good film, says Ranbir Kapoor
Ranbir Kapoor also said that there were moments when the makers of the film thought of "shelving" Jagga Jasoos . Katrina Kaif's latest post on the social media happens to be her photograph in which she looks a million bucks.

Grant described Silverstone as the only "viable option" for the British GP.

Liberty has previously said it wants to engage with circuits in order to help them generate more revenue but Silverstone is already nearly at capacity in terms of selling tickets.

"There still is a great following in Formula 1 and I am excited for the new owners coming in and I hope they do something new".

This contract, signed with Bernie Ecclestone, included an annual 5% "escalot fee" which meant that the BRDC would have to pay an extra 5% per year, to host the Grand Prix.

Alternately, they could opt to choose another venue for the British Grand Prix, such as the rumored street race through London.

Chase Carey, chairman and chief executive of Formula 1, wants more street races, including one in London, says the paper, and although London Mayor Sadiq Khan is not a fan of the idea due to the pollution, Liberty Media is "considering the Docklands area in east London".

"We offered to extend the current deadlines in order to focus on everything that is great about Silverstone and Formula 1".

YOU MIGHT ALSO LIKE
  • Mexico President Hopes US Relations Will Focus on 'Positive Ends'

    Mexico President Hopes US Relations Will Focus on 'Positive Ends'

    The two leaders held a bilateral meeting at the G20 summit and shook hands afterward in front of a swarm of reporters. The border wall charade is limping forward, even if Congress refuses to fund the effort.
    NYPD Mourns Officer Miosotis Familia, Killed In Bronx Attack

    NYPD Mourns Officer Miosotis Familia, Killed In Bronx Attack

    In October, Bonds posted another video of a man scuffling with police officers after they allegedly use a Tazer on his wife. Chuck Schumer tweeted: Woke to the bad news that Officer Miosotis Familia was shot & killed in the Bronx overnight.
    Inland congressmen divided on bills targeting undocumented immigrants

    Inland congressmen divided on bills targeting undocumented immigrants

    It seeks to increase the maximum penalties for migrants who re-enter the United States illegally after deportation. The pair of bills face a steeper road in the Senate, where Republicans have a slim 52-48 majority.
  • AP, Honda: Takata airbag inflator kills man fixing Accord at home

    AP, Honda: Takata airbag inflator kills man fixing Accord at home

    District Court Eastern District of Michigan Southern Michigan announced the appointment of Harvard University Professor Eric D. Over 42-million vehicles from more than a dozen automakers have been recalled due to defective Takata airbag inflators.
    Blow to Froome as Thomas crashes out of Tour

    Blow to Froome as Thomas crashes out of Tour

    Thomas had crashed on another descent, made treacherous by rain, earlier in the day, suffering a suspected broken collarbone. Nicolas Roche, Porte's BMC team-mate and Martin's cousin, sad the Australian would get over this heartbreak.
    Cheapest gas prices in 10 years welcome holiday weekend travelers

    Cheapest gas prices in 10 years welcome holiday weekend travelers

    This is the first time in Gasbuddy's 17-year history that prices will be lower on July 4 than they were on New Year's Day. Average retail gasoline prices in Wyoming have fallen 6.2 cents per gallon in the past week, averaging $2.27/g yesterday.
  • IPhone 8 Problems Causing 'Panic' at Apple

    IPhone 8 Problems Causing 'Panic' at Apple

    Since their release in 2008, Apple's smartphones have relied upon quid crystal display (LCD) technology for their screens . There have also been claims and counterclaims Apple may choose not to include a Touch ID sensor in the next machine.
    Peter Sagan disqualified from Tour de France after Stage 4 crash

    Peter Sagan disqualified from Tour de France after Stage 4 crash

    Sagan's 2017 Tour de France campaign is over' with an UCI official saying his actions "endangered several riders". Cavendish wasn't happy with the contact he received from Sagan, who he felt hit him with an extended elbow.

    Total signs Iran's 1st global energy deal since sanctions eased

    When the initial deal was signed in November, Pouyanne, Total's CEO, said: "We're the first Western major to return to Iran ". That led to the European Union terminating many economic sanctions including the embargo on purchasing crude oil and gas.
  • Halo 5: Guardians Getting Xbox One X Support

    Halo 5: Guardians Getting Xbox One X Support

    In an even more welcome move, every Xbox 360 map pack now on sale in the Xbox Store will be made available to download for free. Along with the campaign and multiplayer, LAN play will be supported, especially when playing between Xbox One and Xbox 360.
    Former Gophers linebacker arrested for aggravated assault with a deadly weapon

    Former Gophers linebacker arrested for aggravated assault with a deadly weapon

    Frisco police confirmed Wilson was taken into custody and charged with two counts of aggravated assault with a deadly weapon . Further details have not been released yet, and it's unclear what weapon was used. "We will not have a comment at this time".
    Mahershala Ali May Take on True Detective -- but Who Else Will Join?

    Mahershala Ali May Take on True Detective -- but Who Else Will Join?

    It's important to note that Ali's deal has not yet been closed and that HBO still has yet to officially announce a third season. It seems that getting an actor right after they win an Oscar leads to a more successful season.
popular