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Silverstone seeks clarification over state aid

Lotus F1 Team Silverstone bosses have written to UK prime minister David Cameron in a bid to prevent 'illegal' state aid being given to a potential new circuit in Wales. Developers behind the Circuit of Wales racetrack in Ebbw Vale have asked for the UK and Welsh government to commit up to £50m to the project. The Circuit of Wales plans to host major motorsport - but not Formula 1 - and Silverstone officials released a statement asking for clarification on the matter. 'Silverstone is fully supportive of regeneration projects and the creation of new jobs, however, when Silverstone Circuit was recently looking for support to secure the future of the Formula 1 British Grand Prix and protect...
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11mo ago from F1Zone.net 0
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