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BRDC rejects Liberty Media proposal

Silverstone's owner, the British Racing Drivers' Club, is understood to have rejected a bid which would have seen the British Grand Prix secure for the next five years. Liberty Media, which bought F1 in January, had offered to run the event itself for the next five years, on this basis that it was given the circuit for the three weeks surrounding the race for free. However, claiming that such a deal would lose the track around £20k a day, the circuit's owners are understood to have rejected the deal. Clearly fearing a public roasting, FOM's Chase Carey and Sean Bratches were not as prominent over the Silverstone weekend as they have been at recent events, Carey no doubt still...
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