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Silverstone to not pay “any price” to keep British Grand Prix

Silverstone Circuit managing director Stuart Pringle has said that they will not pay “any price” to retain the British Grand Prix. Negotiations over its future in Formula 1 continue. Back in 2017 Silverstone triggered a break clause in their contract after it was revealed that they had been losing money on the Grand Prix each year as of recent times. Pringle said when speaking at the BRDC Awards “We got ourselves into a pickle because we had a business that was solely financed by the Grand Prix.” The safety of the British Grand Prix at Silverstone is achievable if a more sustainable deal can be disclosed. They are now in a better negotiating position after adding...
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7mo ago from GPBlog.com 0
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