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Grant: Silverstone is not alone struggling with F1 fees
Silverstone is unlikely to be alone among European circuits in deciding it can no longer afford to host Formula 1 without a better deal, according to British Racing Drivers' Club (BRDC) chairman John Grant. 'It’s reasonable to assume we generate more revenue than any other European grand prix and we still can’t make the numbers work,' he said on Tuesday after announcing that the BRDC-owned British Grand Prix circuit was breaking its contract. The decision means Britain risks having no race after 2019 unless a revised deal is agreed. 'We believe that we run the event quite efficiently and our costs of delivery we think are low,' added Grant. 'So the economics of the other European...
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8y ago from GrandPrix247.com
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