Monaco

Last Race: 24th May Monaco

Monaco GP Results
Pos Driver
1 Nico Rosberg
2 Sebastian Vettel
3 Lewis Hamilton
Canada

Next Race: 07th June Canada

Silvestone seeking £150m injection

2012-08-12 10:49:00

 RSS

Share:

Silvestone seeking £150m injection

Silverstone has until the end of this year to find £150m or the BRDC may look to renting or even selling parts of the land...

Silverstone has until the end of this year to find £150m or the BRDC may look to renting or even selling parts of the land.


Formula One is an expensive business, not only with paying the hosting the fee but also keeping the track's standards to the highest level.

Last year, the British Racing Drivers' Club, who own the Silverstone circuit, spent £27m on a new pit and paddock complex.

However, more work still needs to be done on the Northamptonshire track especially after rain caused havoc at this year's British Grand Prix.

"By the end of the year at the latest we will have either done a comprehensive deal for all of Silverstone or we will maybe be talking to entities about renting or buying a long lease on parts of the non-circuit land," Stuart Rolt, chairman of the BRDC told the Daily Telegraph.

Model Cara Delevingne meets football star Cristiano Ronaldo

Editor's Picks

Good Race, Bad Race: Monaco

Good Race, Bad Race: Monaco

How fortune can turn on a dime...

PF1's Monaco Conclusions

PF1's Monaco Conclusions

Mercedes gave a lesson on how to screw up a race while Max Verstappen learnt how not to overtake...

Forum: Good For A Laugh

Forum: Good For A Laugh

Nico Rosberg laughed off number two claims; the Forum laughed at him laughing it off...

F1 Could Learn From FIFA

F1 Could Learn From FIFA

The F1 Strategy Group's latest vision for the sport falls well short of the existential threat to F1: sustainability...

PF1 Fantasy Racing

PF1 Fantasy Racing

Are you a Ross Brawn or a Paul Stoddart? Can you manage money like Bernie or Caterham? Let's find out...