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Silverstone sold

According to the Telegraph, Silverstone has been sold. The identity of the new owners is unclear but a BRDC member told the Telegraph's Christian Sylt: “A deal has been done on Silverstone. I don’t know who bought it and I don’t know what the terms are, but it is absolutely categoric that a deal has been done and not due to be announced until next month probably.” The owners, BRDC, have been trying to find a buyer for a 150-year lease option and it is believed to be a real estate firm who may have taken them up on the offer. The new owners would be the promoters of the formula 1 Grand Prix and would also be in charge of the development in and around the circuit. Sylt says that the...
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