Chargement ...

Silverstone to raise $400m with 100-year lease - report

"The most important initiative that Silverstone has taken in its 60-year history."

Chargement ...

Rumours at Spa this weekend suggest British grand prix venue Silverstone will be leased to a private bidder.

The Independent newspaper said the Northamptonshire venue’s owner the British Racing Drivers’ Club is signing a 100-year lease with the unnamed bidder "for around $400m".

The news ties in with the recent lodgement of plans to develop the area around the circuit with business and technology parks, a welcome centre, a motor sport museum, an education campus and three hotels.

Managing director Richard Phillips said of the plans recently: "This is the most important initiative that Silverstone has taken in its 60-year history."

Bernie Ecclestone, already in control at Paul Ricard and Turkey’s Istanbul Park, has denied he is the buyer of the Silverstone lease.

Chargement ...

«Senna better for the team than Heidfeld - Boullier

Senna admits ’commercial potential’ of new race seat»

Formula 1 news


>Audi admits signing Sainz an ’important objective’

>Bottas spotted visiting Williams motorhome at Imola

>Alonso’s advisor says Aston Martin ’going backwards’

>Media ’overestimated’ Ferrari upgrade - Sainz

>Son thinks Lauda would have ended Mercedes slump

More Formula 1news