News Details
Silverstone and F1 locked in British GP financial standoff
As if the COVID-19 crisis was not enough to jeopardize this year's British GP, the showcase event is also under threat because of a financial stand-off between F1 and Silverstone Circuit. According to a report from the BBC, Silverstone is making "unreasonable demands" on F1's plans to stage consecutive races at the British track on July 19 and 26. Silverstone is reportedly demanding a £15 million fee from F1 to host this summer's British Grand Prix double-header, an amount the track usually pays to F1 as the event's franchise fee. Formula 1 is reportedly ready to cover all the costs associated with the two races and also offer a payment in compensation for lost ticket sales and...
Full Story »
Full Story »
You May Also Be Interested In...
Vettel: Financial matters played no part in joint...
Sebastian Vettel says financial considerations were not at the forefront...
5y ago from F1i.com
Horner on crisis: 'The right people need to take the...
Christian Horner expects that Formula 1 will come out of the current...
5y ago from GPBlog.com
British GP under threat over F1 and circuit boss'...
The British Grand Prix is under threat this year because of a financial...
5y ago from BBC.co.uk
Contract talk 'empty' amid crisis - Kvyat
May 5 Daniil Kvyat says any talk about the future for Formula 1 drivers...
5y ago from OneStopStrategy.com
Elsewhere On The Network
Popular On MGPToday.com
Aprilia’s MotoGP tech secret: a double duct hidden...
No description available...
17h ago from Motorsport.com
Toprak Razgatlioglu “always sad” over lack of pace...
No description available...
21h ago from Motorsport.com
Fabio Quartararo warns Yamaha MotoGP rebuild could...
No description available...
1d ago from Motorsport.com
Pedro Acosta found Ducati and Aprilia’s pace...
No description available...
1d ago from Motorsport.com
Popular On IndyCarToday.com
Barnes: IndyCar officiating is already starting to...
No description available...
5h ago from Motorsport.com
IndyCar changes tire usage requirements, makes safety...
No description available...
10h ago from Motorsport.com
IndyCar updates tire rules for 2026 season
Among a few changes coming for the 2026 NTT IndyCar Series season, a new...
8h ago from MotorsportWeek.c...
IndyCar introduces safety flaps to prevent airborne...
The NTT IndyCar series has detailed a new addition to cars competing in...
10h ago from MotorsportWeek.c...
Popular On TotalWRC.com
Hyundai “realistic and optimistic” in mission to...
No description available...
1w ago from Motorsport.com
Oliver Solberg “didn’t deserve more than P4”...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans storms to victory as Toyota...
No description available...
1w ago from Motorsport.com
WRC Sweden: Elfyn Evans reclaims lead as Oliver...
No description available...
1w ago from Motorsport.com
Popular On GunnersToday.com
Arsenal latest: Gunners make fun of Spurs on social...
No description available...
8h ago from SkySports.com
Donnarumma vs Raya: Who is the better GK in the title...
In the last few weeks of the Premier League season, the importance of...
9h ago from SkySports.com
Tactics Column: Key quartet step up to deliver North...
'It feels like we've shown what we are made of but then you have to show...
13h ago from Arseblog.com
‘Most of us spoke’: crunch talks fired up Arsenal...
t;li>Team meeting led to ‘honest’ exchange, says strikerArsenal now...
16h ago from TheGuardian.com
Comments
Hottest News
Ecclestone, Briatore warn of ‘chaos' under 2026 rules
Feb.24 Long-time Formula 1 powerbrokers Bernie... Read More »
26m ago from OneStopStrategy.com
Drive to Survive Season 8 review: A major missed...
The latest series of Netflix's Drive to Survive... Read More »
1h ago from RacingNews365.com
F1 News Today: Lewis Hamilton reveals Ferrari suffering as...
Seven-time F1 world champion Lewis Hamilton has... Read More »
1h ago from GPFans.com
