Silverstone's decision to end its contract to host the British Grand Prix was not accelerated by Liberty Media's takeover of Formula 1, according to British Racing Drivers' Club (BRDC) president Derek Warwick.The BRDC activated a break clause in its race-hosting contract that means the 2019 edition of the British GP...

The owners of Silverstone have triggered a break clause in the race contract that will see the British Grand Prix deal end in 2019.The British Racing Drivers' Club (BRDC) announced the news at a news conference at Silverstone on Tuesday, stating it is "not financially viable" to continue holding the...

Warnings by Silverstone Circuit that it could not/would not afford the rising costs of Formula 1 were heard on a regular basis during the sport's Bernie Ecclestone management era, and it appears that little has changed in that regard under the administration of F1's new owners Liberty Media.Silverstone has a...

The future of Formula 1's British Grand Prix could still be secured, despite two potential buyers pulling out of negotiations with Silverstone owner the British Racing Drivers' Club.Jaguar Land Rover and Ginetta boss Lawrence Tomlinson had been two of the four parties known to be in negotiation with the BRDC...

The British Racing Drivers' Club has imposed a deadline of the end of October to secure a buyer for Silverstone.The Northamptonshire circuit is negotiating with four bidders: Jaguar Land Rover, Ginetta owner Lawrence Tomlinson, Jonathan Palmer's MotorSport Vision and a fourth unnamed party, believed to be an overseas consortium. The...

Jonathan Palmer's MotorSport Vision company has made an official offer to purchase Silverstone Circuit.MSV currently owns and runs five circuits across England: Brands Hatch, Oulton Park, Cadwell Park, Snetterton and Bedford Autodrome. It is understood former F1 racer Palmer only contacted British Racing Drivers' Club chairman John Grant last month...

Silverstone will put a new and permanent management team in place to run the circuit's business after confirming it has officially parted company with managing director Patrick Allen.It emerged last month Allen had been placed on a leave of absence as discussions continued with interested parties looking to buy the...

Silverstone Circuits managing director Patrick Allen has been placed on a leave of absence amid multiple negotiations to sell the home of the British Grand Prix.The British Racing Drivers' Club, which owns the track and Silverstone Circuit Ltd that operates the circuit business, has been in negotiations to sell a...

Silverstone has set its sights on creating an arena around Stowe corner, but with plans on hold at present until its future has been resolved.Early in April circuit owner, the British Racing Drivers' Club, entered into an exclusivity agreement with Jaguar Land Rover with regard to negotiations over a potential...

The Jaguar Land Rover deal to buy Silverstone hangs in the balance after members of circuit owner the British Racing Drivers' Club narrowly voted to give the sale the go-ahead.BRDC chairman John Grant announced a potential deal to members in February and a vote took place on Thursday. It is...