News Details
BRDC ends negotiations with second potential investor
The British Racing Drivers' Club (BRDC) has confirmed that negotiations with a second potential investor in Silverstone - specifically for the lease of the circuit land and sale of the Silverstone Circuits Limited (SCL) business - have been brought to a close, after the parties were unable to reach final agreement.The BRDC has been endeavouring to secure a second commercial investment to help realise the full potential of Silverstone and its 760-acre Estate. The first investment, announced by the BRDC on 11 September 2013, was completed with British commercial property company MEPC, who acquired a 999-year lease on the existing Silverstone Industrial Estate and development land around the...
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11y ago from Pitpass.com
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