News Details

BRDC activate Silverstone break clause

The British Racing Drivers' Club have officially announced that they have triggered the break clause in their contract to host the British Grand Prix. The BRDC initially signed their existing deal with Bernie Ecclestone in 2010, when the cost of hosting the race started at £12million. However, a  a 5% year-on-year increase in hosting fees would see costs rise up to an unsustainable £26million by 2027. This year was the final chance the BRDC had to break away from the current contract in place and will technically host their last British Grand Prix in 2019. But, the activation of the clause does not necessarily mean this is the beginning of the end for Silverstone. The BRDC...
Full Story »
8y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

BRDC activates 2019 British GP break clause

– The British Racing Drivers' Club (BRDC), owners of Silverstone,...
8y ago from GPUpdate.net

Ecclestone: I would be surprised we lose Silverstone

Former Formula 1 supremo Bernie Ecclestone believes Silverstone will stay...
8y ago from GrandPrix247.com

Decision day looms for Silverstone

Silverstone may trigger a break clause in its F1 contract next week but...
8y ago from SuperSport.com

British Grand Prix: Silverstone set to make...

Silverstone's owners are expected to announce on Tuesday that they will...
8y ago from BBC.co.uk

Elsewhere On The Network

Popular On MGPToday.com

Toprak Razgatlioglu reveals ‘biggest difference’...

Toprak Razgatlioglu has revealed how “different” MotoGP is to...
17h ago from MotorsportWeek.c...

Honda reveals how Ai Ogura snub pushed Diogo Moreira...

Honda was forced to change its “original plan” to sign Diogo Moreira...

Popular On IndyCarToday.com

FIA increases IndyCar super license allocations

The World Motorsport Council has announced that the allocation of super...
11h ago from MotorsportWeek.c...

IndyCar looking to add ‘more events, not just...

IndyCar has identified a need to make sure future races on the calendar...

Popular On TotalWRC.com

Popular On GunnersToday.com

Player ratings: Club Brugge 0-3 Arsenal

Arsenal retained their place atop the Champions League table with a 3-0...
3h ago from FreshArsenal.com

'Yet another stinker', 'He's failing every action' -...

Arsenal fans have slammed striker Viktor Gyokeres after the 3-0 win over...
4h ago from SportsKeeda.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.