F1 » Silverstone 'pretty convinced' British Grand Prix is on


Richard Phillips reveals his confidence that the 2010 British Grand Prix will take place at Silverstone - as an agreement with F1 commercial rights-holder Bernie Ecclestone finally nears

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g-force dragon - Unregistered

November 24, 2009 10:11 AM

maybe a year out would not be a bad thing in the long run,I think the backlash from the teams, fans and sponsors will be to much even for the dwarf, but with the line up for next season looking good he will blink first,

BRITFAN

November 24, 2009 10:20 AM

I hope they are making the right decision and that Bernie has a bit of give in him. You just cant blatantly screw people for money like this. Does anyone know how the Monopolies commission might work in circumstances like these?

silverfan - Unregistered

November 24, 2009 10:23 AM

As much as i would love the gp to be a silverstone i fail to see what has changed ?
Bernie states they have a contract just sign it, silverstone say they have not even agreed how many years for. How can a deal be immenent if even the basic things have not been agreed upon ?
As much as i hate to admit it i think this is a game of blind mans bluff between the 2 sides.
Silverstone saying they have it and bernie saying they have not. This will end in tears for the british fans so maybe a year out would actualy calm the parties down a little.

IanK - Unregistered

November 24, 2009 10:43 AM

I am sure BE will find some excuse to torpedo the British GP as he has long made it known that it does not make enough money for him. His greed managed to bankrupt Donnington and i am convinced his fee demands are an excuse to eventually do the same to Silverstone so he can eliminate the british GP from the calender for good

Tom - Unregistered

November 24, 2009 10:51 AM

It wouldn't surprise me at all if Bernie bought Donington and put it back on there - just to save face by not having to negotiate with the BRDC

ferdy - Unregistered

November 24, 2009 10:51 AM

I'm sure someone must have done this calculation, but I haven't seen it. 17 years @ 7% ends up at Something like £38 million quid. Nobody knows if there will still be a 'Formula One' at all, that far in the future, so how could anyone sign such a contract as that ?

Commodore S - Unregistered

November 24, 2009 10:52 AM


I am with you silverfan regarding the bluff situation.

I see this as a statement saying yes we will hold the event however bend further towards our terms.

In reality as regards Motorsport to lock yourself in a comittment for an extended period particularly to a monopoly is seeking financial straits down the line given the variables within the sport. I think the Silverstone people are silly in even considering 10 years. We in Aust will not look beyond 5 years max for any category or circuit however that does not say we are correct.
To me at this time Silverstone should be looking at one year allowing the U.K to retain the G.P together with a cooling off period and let B.E. (Cont)

Commodore S - Unregistered

November 24, 2009 11:04 AM

consider the political ramifications if the British G.P was deleted from the calender.

After all his intentions did surround Donnington therefore I can not foresee a happy relationship lasting with the BRDC. In fact I can see tears.

In other words let Silverstone be diplomatic and be seen to offer their assistance without Bernie pressure.

The U.K public will profit through the financial stimulus, the 12M sanction fee is substainable and the U.K retains its G.P.

Thence commence talks for the future.

Cubikrube - Unregistered

November 24, 2009 11:13 AM

The reason Silverstone want a long term deal is down to Bernie's demands for improvements to be made to the circuit. They are saying we can't do x and y if it is only a short contract as the improvements have to pay for themselves and that is easier to do if they have a longer contract and more opportunity to make money.
It's a mute point though when you consider how much they are going to have to pay with the annual 7% increase isn't it?

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