News Details
Silverstone close to F1 deal
Photo by: www.kymillman.com/f1 As Formula 1 heads into its 1,000th race this weekend, the series has been running a throng of content celebrating many of its most iconic races and milestones over the decades. One thousand races is a lot and it all started back in 1950 at a circuit called Silverstone in the UK. Silverstone has a rich history in Formula 1 but it chose to trigger a break clause in their contract shortly after Liberty Media purchased F1 (July 2017). The circuit, owned by the British Racing Drivers’ Club (BRDC), felt the yearly sanctioning fee to host the F1 race was too much and they were hoping to negotiate better terms. The cost of hosting a race differs from circuit to...
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