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BRDC abandons plans to sell Silverstone circuit

The British Racing Drivers' Club (BRDC) has confirmed that negotiations with a potential buyer for Silverstone Circuits Limited (SCL) have ended. The BRDC had hoped to sell the business and lease land following a similar deal with MEPC which secured a 999-year lease for the Industrial Estate and further land outside of the circuit. However talks with the second potential investor broke down when an "acceptable deal" couldn't be agreed. BRDC chairman John Grant insisted the future of the British Grand Prix wasn't in doubt. "After intense efforts to secure an acceptable deal, we have not been able to bring negotiations with the second potential investor to a satisfactory...
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3y ago from TheF1Times.com 0
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