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F1 wants "long partnership" with Silverstone
Formula 1 bosses are "hoping for a long partnership" with British Grand Prix host Silverstone as the venue's position on the calendar beyond 2019 remains uncertain. Silverstone has a 17-year contract to host the race, which runs until the end of 2026, but owner the British Racing Drivers' Club is considering exercising a break clause because of financial pressures. The first race of the current contract in 2010 cost organisers £12million and an escalator built into the contract, as is common in F1 venue deals, means it will cost around £26m by the final year. Motorsport.com understands the BRDC has yet to decide on whether to activate the break clause, but that it is highly...
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8y ago from Motorsport.com
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