Fu­ture of Bri­tish GP in doubt says BRDC

Motor Sport News - - Racing News -

The Bri­tish Grand Prix has just nine months to se­cure its fu­ture on the For­mula 1 cal­en­dar, ac­cord­ing to BRDC chair­man and ex-f1 racer Derek Warwick.

Sil­ver­stone has a con­tract to host the Bri­tish Grand Prix through to 2026, with a break clause in­serted that comes into ef­fect af­ter the race in 2019, and can be ex­er­cised by the cir­cuit or F1 supremo Bernie Ec­cle­stone.

Warwick con­cedes the five per cent es­ca­la­tor clause in­serted into a deal that was agreed in De­cem­ber 2009 has now be­come a fi­nan­cial bur­den to the cir­cuit.

“We’re look­ing at where we are go­ing to be in 2019, whether or not we still want the grand prix, and whether we can push Sil­ver­stone for­ward with­out the grand prix,” Warwick told Au­tosport.

“At the end of the day, if you can’t af­ford it, you can’t af­ford it.

“We’ve sup­ported the Bri­tish Grand Prix now for many years with­out any kind of third party sup­port or gov­ern­ment sup­port.

“But now we are in a sit­u­a­tion where the es­ca­la­tor [clause] has be­come too ex­pen­sive for us.

“So we’ve got nine months to push the break clause through, or maybe Bernie will. You never know, you know what he’s like.”

The BRDC is cur­rently ne­go­ti­at­ing with four par­ties in­ter­ested in pur­chas­ing the cir­cuit, and any one of those may yet come to Sil­ver­stone’s aid.

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