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Bratches: Optimistic a solution will be found for Silverstone
Formula 1 bosses expect British Grand Prix organisers to activate a break clause next week, leaving the country in danger of dropping off the world championship calendar from 2019 if a new deal cannot be done. A source close to the commercial rights holder said Formula One Management had offered to take over the race for five years, absorbing annual losses of between two and three million pounds. The offer, and another to delay the deadline to the end of the month to allow more time for negotiation, had proved insufficient. Silverstone's owners, the British Racing Drivers' Club (BRDC), fear the annual rise in hosting fees agreed with previous F1 supremo Bernie Ecclestone exposes them to a...
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8y ago from GrandPrix247.com
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