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Ecclestone focused on Silverstone, gives up on Donington

Bernie Ecclestone 'gives up' on Donington being ready to host the British GP as he focuses on a return to Silverstone
Just a day after suggestions that Simon Gillett had paid the £12 million owed to Bernie Ecclestone's Formula One Management group to maintain a grasp on the British Grand Prix, reports in the British press have suggested that the F1 supremo has now 'given up' on the circuit's plans to host the race from 2010.

After numerous issues over planning and funding, Donington found itself in breach of contract with Ecclestone and was given a two-week period to remedy that breach; with the deadline passing earlier this week.

Reports suggested that Gillett had managed to find £12 million needed to solve that problem, although the issue still remains of where the extensive funding required to complete the work will come from – as well as the problem of how the circuit plans to get the venue ready in time for the race in the limited time available.

As a result, the Guardian now claims that Ecclestone has 'given up' on Donington and will focus his attention on securing a deal with Silverstone to reclaim the rights to the race.

Those talks remain ongoing, with suggestions that there is still plenty of work to be done before a deal can be reached between Ecclestone and the BRDC for the race to return, with the circuit owners keen to ensure that any offer made is commercially viable.

“Nobody wants to talk about it for fear of jeopardising any possible deal,” a Silverstone insider was quoted as telling the 'paper. “Negotiations are at a very delicate stage.”

The British GP is currently slated to take place in July 2010.

Related Pictures

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Bernie & Tamara Ecclestone (GBR), Bahrain F1 Grand Prix, Sakhir, Bahrain, 24-26th, April, 2009
Nobuharu Matsushita, ART Grand Prix, Sauber, F1 [Credit: Honda Racing]
Singapore Grand Prix
Silverstone Wing
F1 paddock at Silverstone
Marshals at the British Grand Prix
Marshals at the British Grand Prix
Marshals at the British Grand Prix
Marshals at the British Grand Prix
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Fans at the British Grand Prix
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Crowds at the British GP

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Rus the Bus - Unregistered

October 29, 2009 10:17 AM

This is just an embarrasing shambles. Donnington is in chaos, the track revissions half dug and if Gillett's company fails - who will undertake the work to return this great course to it's former glory? I totally blame Bernie, who's greed made him look away, when any part qualified accountant or half trained due diligence lawyer would have spotted the chasm in the business plan put forward for the British GP. Now Silvestone will be left with just over half a year to negotiate a longterm contract and stage the race.. Nice one Bernie - a really clever move - NOT!!

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