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BRDC terminates Silverstone sale talks
The British Racing Drivers' Club (BRDC) has announced that it has terminated negotiations with a second potential investor in Silverstone. Having confirmed in September of last year that it had completed a 999-year lease with investor MEPC for Silverstone Industrial Estate and development land outside of the circuit, the BRDC has been working to find further investment by leasing the circuit land and selling off Silverstone Circuits Limited (SCL). However, the BRDC today announced that the talks had not reached a successful conclusion and that efforts to find a suitable replacement will be shelved 'at least for the time being' to focus on this year's British Grand Prix. “After intense...
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