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The £254m Silverstone deal the BRDC declined
Formula One currently finds itself facing the prospect of losing one of its oldest, most established races after the British Racing Drivers Club (BRDC) cut its contract to host the British Grand Prix at Silverstone last month. As things stand, the last British Grand Prix will be in 2019 unless a new venue comes forward or the BRDC signs a new deal with FOM. According to a report in Forbes the BRDC turned down a £254m deal which would have secured the future of the race. The offer was made by Lawrence Tomlinson, one of Britain's most respected businessmen. His LNT Group employs in the region of a thousand people and its investments range from care homes to sports car maker Ginetta....
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6y ago from Pitpass.com
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