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Silverstone activates break clause with Formula 1

British Racing Drivers’ Club (BRDC), the owners of the Silverstone racing circuit, has announced today that it has formally triggered a break clause in its contract with Formula 1. This means that unless a new contractual arrangement can be reached with Liberty Media, 2019 will be the last year that the British Grand Prix takes place at Silverstone – the only viable venue for a British GP. The BRDC has been the custodian of Silverstone for almost 70 years – owning and operating the circuit, which is the only venue licensed to run a Grand Prix in the UK. The organisation has invested £50m over the last 10 years to develop Silverstone – creating a world-class venue for fans to...
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