LONDON: The owners of Silverstone circuit say British Grand Prix contract renewal negotiations have been complicated by Formula One's desire to also hold a race in London.
"That's a material change because it's different to previous arrangements and Britain is not a very big island and it's a commercial concern. "In fact, it significantly increases the risk to Silverstone that only a few short years ago was nearly obliterated by its commitment to F1 and trying to maintain a British Grand Prix."We metaphorically and literally cannot afford to go back to that position."
Formula One has said it wants to keep the championship's historic venues but must also be run as a business.
Source: Car News Wire (carnewswire.net)
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