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Post by racechick on Aug 10, 2016 7:48:34 GMT
Not THAT sort of hanky Panky! Business hanky Panky. Silverstone is the only F1 track that receives no government money at all. So it has to be innovative to offset losses from the prohibitive costs charged by Bernie Ecclestone. Its currently run by the BRDC ( British Racing Drivers Club) who have had the best interests of the track and maintaining the British GP at heart. A few years ago they had to sell off some ajoining land to offset losses. They've also built a new technology centre. Recently theyve been been looking to sell Silverstine to Jaguar Land Rover ( JLR) they wanted to use it as a testing track for theif high performance cars and also for their customers to use. But this sale faltered when it came to light that Porsche could block rival manufacturers from using the track for more than 45 days a year. So another party has shown up interested in buying it, tycoon Lawrence Tomlinson who owns Ginetta sports cars. The thing is this guy is very close to the Silverstone managing director, Patrick Allen. Allen has now been suspended on full pay for 'being too close' and 'talking to ' Tomlinson. But there is a split in BRDC members with some crediting Allen with turning round the fortunes of Silverstone. A meeting in September is expected to be 'explosive'. I hope this isn't the latest threat to our British GP! www.cityam.com/247225/silverstone-boss-patrick-allen-suspended-being-too-close
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Post by Hammer on Aug 10, 2016 9:16:36 GMT
Your clickbait title is not appreciated.
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Post by Wß on Aug 10, 2016 15:45:18 GMT
It's not like Porsche is running a school there free of charge. Not defending the "veto" but the school is a source of income valuable enough to the track that in the contract it warranted them agreeing to the 45 day manufacturer clause. Interesting to see how this pans out. Keeping the circuit F1 caliber is not cheap... but let's get real here, the issue isn't Porsche or the BRDC or Aston Martin. The issue is the rape and pillage costs that Bernie's extorted out of the circuits and subsequently force $500 dollar ticket prices on fans. The sport is suffering from greed, the kind of greed that thinks to sell team radio communication messages, not from lack of fan interest.
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Post by Wß on Jul 11, 2017 13:58:24 GMT
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Post by stonemonkey on Jul 11, 2017 14:41:54 GMT
Are all circuits under such ridiculous contracts and will they continue to be subsidised as their costs go up each year?
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Post by Frontrunner on Jul 12, 2017 1:34:32 GMT
Got to have a British GP, maybe Liberty can sort out a fresh deal.
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Post by RyRy on Jul 13, 2017 12:51:35 GMT
Clickbait title!
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