Silverstone officials are keeping mum over reports that the track is the subject of a management buyout.
Just weeks after it was claimed that the British Racing Drivers' Club "sold" the circuit, the Northamptonshire venue is now "in talks" with Lloyds-backed LDC over a potential management buyout.
According to Sky News, private equity firm LDC has thrown its weight behind a campaign to buy Silverstone Circuit, the operator and promoter of all events that take place at the Northamptonshire circuit, including the British Grand Prix.
"People familiar with the Silverstone transaction said on Tuesday that it would be structured as two separate agreements with the...
Full Story »