News Details

FOM expecting Silverstone to trigger break clause

While British F1 fans are already preparing for this year's annual pilgrimage to Silverstone, doubts over the long term future of the event are sure to cast a shadow over next weekend's big race. Reuters reveals that FOM is now 'expecting' Silverstone to trigger the clause which means that the 2019 event is the last, nullifying the original deal which would have seen F1 continue at the iconic track until 2026. Intriguingly, Reuters claims that FOM 'had offered to take over the race for five years, absorbing annual losses of between £2m and £3m', as well as offering to delay the deadline by a few week, but both offers were rejected. That said, if the BRDC does see continuing...
Full Story »
6y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Silverstone bosses to activate break clause?

As expected, the British Racing Drivers' Club (BRDC), which owns...
6y ago from Pitpass.com

Decision day looms for Silverstone

Silverstone may trigger a break clause in its F1 contract next week but...
6y ago from SuperSport.com

Bratches: Optimistic a solution will be found for...

Formula 1 bosses expect British Grand Prix organisers to activate a break...
6y ago from GrandPrix247.com

'Silverstone set to end F1 contract'

It's "highly probable" Silverstone will activate their break...
6y ago from SkySports.com

Elsewhere On The Network

Popular On MGPToday.com

Popular On IndyCarToday.com

Popular On TotalWRC.com

Rovanpera romps to WRC Rally Poland victory

Kalle Rovanperä began the final leg 9.4sec in front of Mikkelsen, but the...

Popular On GunnersToday.com

Arsenal legend urges former club to sign Manchester...

Former Arsenal midfielder Gilberto Silva has stated that Manchester...
50m ago from CaughtOffside.com

Transfer news: De Ligt Man United contact, Calafiori...

This article was originally published on Fabrizio Romano’s Daily...
3h ago from CaughtOffside.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.