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Low cost tickets impact Silverstone finances
While 139,000 eager fans passed through the turnstiles over the course of this year's British Grand Prix weekend - admittedly, a thousand down on 2015 - the circuit still faces another hefty financial loss. An airline style pricing sysym saw tickets on sale for as little as £99, but with the increasing hosting fees (currently £19.9m a year) and no government assistance, the circuit, the circuit, which reported a £55.9m loss in 2015, looks set for another bad year. 'With an ever-increasing hosting fee, this means that the Grand Prix's contribution to profit will be less than last year,' said Silverstone's chairman, John Grant in a letter to shareholders, 'so that we now...
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9y ago from Pitpass.com
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