News Details
Liberty won't renegotiate Silverstone deal
Formula 1's new owners Liberty Media have made it clear that they won't renegotiate Silverstone's contract to host the British GP, which will reach £26m by 2027. When the British Racing Drivers' Club, who own the Northamptonshire track, entered a deal with Formula One Management in 2010 the hosting fee was £12million. But, factoring in a five percent increase year on year, it will reach £26m come 2027. The BRDC has warned that it would trigger a break clause to get out of the contract but had hoped that F1's new owners would be open to renegotiating the deal. They aren't. 'We will not be renegotiating the contract,' CEO Chase Carey told the Daily Mail. 'We value Silverstone and we want...
Full Story »
Full Story »
8y ago from PlanetF1.com
0
You May Also Be Interested In...
Carey: In Barcelona we’ll launch a few things to...
Liberty Media are in the process of ridding Formula 1 of archaic...
8y ago from GrandPrix247.com
Hockenheim boss says Formula 1 race 'at risk' if...
The German Grand Prix has already dropped off the 2017 calendar, and...
8y ago from MotorsportWeek.com
Elsewhere On The Network
Popular On MGPToday.com
Jorge Martin: ‘I could have fought Marc Marquez till...
No description available...
4h ago from Motorsport.com
Marc Marquez set to return on a motorcycle after long...
No description available...
9h ago from Motorsport.com
Why MotoGP hails 2025 season as a...
MotoGP promoter Dorna Sports has described the conclusion of the 2025...
2d ago from MotorsportWeek.c...
Popular On IndyCarToday.com
Race start times for 2026 IndyCar season announced
The NTT IndyCar Series has announced the race broadcast start times for...
1d ago from MotorsportWeek.c...
Broadcast schedule for 2026 Indy NXT season announced...
No description available...
2d ago from Motorsport.com
FOX Sports, IndyCar reveal broadcast schedule for 2026...
No description available...
3d ago from Motorsport.com
Chip Ganassi Racing completes four-car roster for 2026...
No description available...
4d ago from Motorsport.com
Popular On TotalWRC.com
Gregoire Munster confirmed for WRC Monte Carlo in...
The season opener marks a return to the event where Munster claimed his...
1d ago from MotorsportWeek.c...
Romet Jürgenson to compete in opening three WRC2...
The rising Estonian talent is joined by co-driver Siim Oja and start...
1d ago from MotorsportWeek.c...
Toyota brings Corolla back to rallying with all-new...
No description available...
2d ago from Motorsport.com
Gregoire Munster to contest Dakar Rally and WRC Monte...
No description available...
2d ago from Motorsport.com
Popular On GunnersToday.com
'What a massive player he is for us' - Mikel Arteta...
Arsenal manager Mikel Arteta was full of praise for Declan Rice after...
6h ago from SportsKeeda.com
'That's true, yes': Transfer expert confirms Arsenal...
Arsenal are reportedly interested in signing the Borussia Dortmund...
7h ago from CaughtOffside.com
Everton 0-1 Arsenal: Gyokeres penalty sends Gunners...
Match report – Player ratings – Arteta reaction – Video...
9h ago from Arseblog.com
Contact made: Berta leading talks as Arsenal prepare...
Arsenal are looking to improve the midfield unit with the signing of...
8h ago from CaughtOffside.com
Comments
Hottest News
Lewis Hamilton legacy BULLDOZED by F1 champion
F1 world champion Jacques Villeneuve has launched... Read More »
1h ago from GPFans.com
Why Toto Wolff expects new 2026 F1 cars to be...
Mercedes boss Toto Wolff has looked ahead to the... Read More »
2h ago from MotorsportWeek.com
Max Verstappen reveals F1 star he wants as team-mate more...
Four-time F1 world champion Max Verstappen has... Read More »
8h ago from GPFans.com
