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

Popular On IndyCarToday.com

Race start times for 2026 IndyCar season announced

The NTT IndyCar Series has announced the race broadcast start times for...

Popular On TotalWRC.com

Gregoire Munster confirmed for WRC Monte Carlo in...

The season opener marks a return to the event where Munster claimed his...

Popular On GunnersToday.com

Report: Arsenal eyeing up a move for 20-year-old...

Arsenal are interested in signing Club Brugge midfielder Aleksandar...
15h ago from CaughtOffside.com

Manchester United and Arsenal step up interest in...

Manchester United and Arsenal have stepped up their pursuit of Belgian...
21h ago from SportsKeeda.com

‘A quick learner’: how Declan Rice went from...

fielder will be part of the conversation for a Ballon d’Or if he...
20h ago from TheGuardian.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.