Jonathan Palmer’s MSV com­pany ten­ders its bid to run Sil­ver­stone

Motor Sport News - - Racing News -

Jonathan Palmer’s Mo­tor­sport Vi­sion or­gan­i­sa­tion has made an of­fi­cial bid to pur­chase Sil­ver­stone, ac­cord­ing to sources.

Hav­ing been strongly linked with en­ter­ing the race to buy the Bri­tish Grand Prix venue re­cently [ MN, Sept 7], MSV is un­der­stood to have lodged a for­mal bid last week.

Sil­ver­stone’s own­ers, the Bri­tish Rac­ing Drivers’ Club, had been in lengthy ne­go­ti­a­tions with Jaguar Land Rover over the pur­chase to the cir­cuit’s lease, but that deal has stalled. Ginetta owner Lawrence Tom­lin­son has also made an of­fer.

When con­tacted, Palmer re­fused to con­firm nor deny mak­ing any bid to run Sil­ver­stone.

He said: “I’ve long felt Sil­ver­stone could ben­e­fit from the ex­pe­ri­ence and sta­bil­ity of MSV run­ning the cir­cuit, in­clud­ing the grand prix, and we’re cer­tainly keen to do that. But only if we can do so, on a sen­si­ble ba­sis, that’s com­mer­cially vi­able.

“Our ex­pe­ri­ence of the busi­ness, of run­ning cir­cuits, run­ning them well and pro­vid­ing a high qual­ity to our cus­tomers is well known.

“To be fair to Sil­ver­stone they ran a fairly good grand prix this year, putting in a huge amount of ef­fort and it looked great.

“But nev­er­the­less, the bit that has to be sorted out, that is cur­rently of ma­jor con­cern, is how we get on­go­ing com­mer­cial vi­a­bil­ity from it, whilst main­tain­ing and con­tin­u­ing to im­prove stan­dards fur­ther.

“So I feel that MSV would be well placed to do that.”

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.