News Details

Jaguar Land Rover to buy Silverstone?

Jaguar Land Rover, a subsidiary of India's Tata Motors, has been linked with £25m purchase of Silverstone. Just weeks after (Silverstone owner) BRDC president, Derek Warwick, claimed there was no rush to sell the Grand Prix venue, BRDC chairman, John Grant, has suggested the opposite. 'Our balance sheet is still too weak to support a high-risk £50m-plus turnover business and we have no cash reserves to fund future development of the circuit,' Grant told BRDC members in a letter on Friday, according to the Daily Mail. This comes months after Silverstone managing director, Patrick Allen, admitted: 'What you really need is somebody who wants to buy a trophy asset and is willing to...
Full Story »
9y ago from Pitpass.com 0
Share

You May Also Be Interested In...

Merhi linked with Renault F1 test role

Roberto Merhi linked with Renault F1 test role Roberto Merhi is still not...
9y ago from ThisIsF1.com

Merhi linked with Renault test role

Last year's rookie Roberto Merhi is still not ruling out keeping a role...
9y ago from GrandPrix247.com

Manor confirms Wehrlein as race driver

Manor Racing have finally confirmed their first racing driver for 2016,...
9y ago from F1Technical.net

Reports say Pascal Wehrlein has joined Manor

Pascal Wehrlein has apparently landed one of the seats at the Manor team...
9y ago from FormulaSpy.com

Elsewhere On The Network

Popular On MGPToday.com

Aprilia preparing test for Jorge Martin ahead return...

Aprilia is prepared to organise a special test for MotoGP World Champion...
16h ago from MotorsportWeek.c...

Jorge Martin continues dispute with Aprilia over 2026...

Reigning MotoGP World Champion Jorge Martin has continued his 2026...

Popular On IndyCarToday.com

RLL having to ‘unwind’ and ‘backtrack’...

Rahal Letterman Lanigan Racing is making a concerted effort to move...

IndyCar will not return to Thermal Club in 2026...

According to comments made by Thermal Club founder and owner Tim Rogers,...

Malukas’ recovery drive secures Foyt’s best team...

During Sunday’s IndyCar race at Road America, David Malukas was the...

Popular On TotalWRC.com

Popular On GunnersToday.com

Fabrizio Romano: Arsenal have completed deal for...

After completing the signing of Kepa earlier this week, Arsenal have now...
7h ago from FreshArsenal.com

Arsenal will look to improve squad if they can offload...

Arsenal will only dip into the transfer market for a left-sided attacker...
6h ago from SportsKeeda.com

'Would be going against the grain of what Chelsea are...

Former Chelsea defender Frank Sinclair reckons the Blues would be making a...
8h ago from SportsKeeda.com

Arsenal handed boost as top target set to reject...

Valencia centre-back Cristhian Mosquera, an Arsenal target, will...
10h ago from SportsKeeda.com

Comments

Hottest News

Recent News


2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.