Motorsport News  |  13th December 2017
THE RACE STARTS TO SAVE F1 AT SILVERSTONE
Bosses of Silverstone are set to begin crunch talks with F1’s new owner Liberty Media to secure the future of the British Grand Prix within the next few weeks. The British Racing Drivers’ Club, which owns the circuit and holds the contract to host the grand prix, activated its break clause in July this year to opt out of its deal to promote the race. It cited escalating costs of hosting Britain’s showpiece race as the reason it could no longer support the event. In July, then BRDC president Derek Warwick said that the race had become untenable as the club was losing millions of pounds each year running it. Liberty Media bosses will sit down with BRDC representatives in January to see if they can rescue the event.
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