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Silverstone and F1 set to agree British Grand Prix deal
Formula 1 owners Liberty Media Corp are nearing an agreement to keep the British Grand Prix at Silverstone, the Financial Times reported on Monday citing sources familiar with the matter. United States-based Liberty Media, which acquired Formula One in 2017, is in the final stages of agreeing on a new deal with the British Racing Drivers’ Club (BRDC), which owns the Silverstone track, the FT said. Silverstone is a former World War Two airfield that hosted the first championship grand prix in 1950 and F1 CEO and chairman Carey Chase is keen to maintain. A source close to the deal told FT, “Silverstone has a value. Chase wants to maintain the historic core of F1.” The circuit is also a...
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6y ago from GrandPrix247.com
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