News Details

Silverstone triggers break clause; 2019 last British GP at circuit

The Silverstone Circuit and owners the British Racing Drivers' Club (BRDC) have triggered a break clause in their contract with the owners of Formula 1, Liberty Media, meaning the track will no longer host the British Grand Prix after 2019 unless a new deal can be agreed. The Northamptonshire circuit, which hosted the first championship race in 1950, has been struggling financially to meet the £16.2 million fee it must pay Liberty Media to host the event. The BRDC made net loss of £7.6 million over last two years, which it cannot continue to sustain, having invested heavily in the circuit in recent years. 'This decision has been taken because it is not financially...
Full Story »
Share

You May Also Be Interested In...

Silverstone break won't prejudice future talks

With reports suggesting that Silverstone could break their contract to...
8y ago from PlanetF1.com

Zak Brown: 'Liberty Media Should Buy Silverstone'

Mclaren's Zak Brown has assisted that Liberty Media should be Silverstone...

F1 should buy Silverstone - Brown

Formula One's new owners Liberty Media should buy Silverstone to end...
8y ago from SuperSport.com

Silverstone break clause a matter of 'when not if'

In the wake of a BRDC director's claim that Silverstone is set to trigger...
8y ago from Pitpass.com

Elsewhere On The Network

Popular On MGPToday.com

Ducati showcases 2026 MotoGP livery

Reigning back-to-back Teams’ Champions Ducati Corse has unveiled its...
12h ago from MotorsportWeek.c...

Popular On IndyCarToday.com

Long Beach to bring in new leadership for iconic event

Organizers of the annual Grand Prix of Long Beach event have announced...

Pato O’Ward joined by F2 champion in McLaren F1...

McLaren has announced its driver development program lineup for 2026,...

Popular On TotalWRC.com

Popular On GunnersToday.com

‘We are getting closer’: Gabriel Jesus targets...

t;li>Brazilian striker yet to hold talks over new dealArteta keen to...
2h ago from TheGuardian.com

Inter Milan vs Arsenal Prediction and Betting Tips |...

The UEFA Champions League is back in action with another set of matches...
4h ago from SportsKeeda.com

Man City loanee Manuel Akanji names team stronger than...

Inter Milan star Manuel Akanji believes Bayern Munich are stronger than...
7h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.