Jordan welcomes Silverstone deal
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Silverstone owners the British Racing Driversâ Club and Bernie Ecclestone&#39;s FOA announced Thursday that they have signed a contractual and financial agreement to secure the British Grand Prix at Silverstone for the next five years.
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Formula One bosses reportedly agree a cost-cutting deal which could save the British GP.
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Silverstone&#39;s owners, the British Racing Drivers&#39; Club, have been given until Thursday to sign a Â£7million deal to save next year&#39;s British Grand Prix.
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Silverstone racing track owners agreed on Thursday a five year deal with Formula 1 rights holder Bernie Ecclestone to continue to stage the British Grand Prix at the central England venue.
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Timo Glock&#39;s promotion from Jordan&#39;s third driver to race driver has paved the way for F3000 driver Robert Doornbos to make his F1 debut in China this weekend.
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SIR JACKIE Stewart is optimistic that Silverstone can take its place on next yearâs Formula One calendar. Talks between Formula One chiefs and Silverstoneâs owners are understood to be at an advanced stage
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LONDON, England -- The British Grand Prix at Silverstone is to be included on Formula One&#39;s draft 2005 calendar when it is published on Wednesday, according to sources close to the negotiations.
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Max Mosley, the president of the FIA, has supported the suggestion that Silverstone could host a non-championship formula one race if it cannot agree terms with Bernie Ecclestone for a world championship grand prix next year.
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Itâs official: the British Grand Prix in Silverstone is to live for at least another five years. The British Racing Drivers&#39; Club that owns the Silverstone racing circuit and Bernie Ecclestone, Formula1 boss, stroke a compromise deal.
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Bernie Ecclestone says he&#39;s not prepared to negotiate his offer to promote the British Grand Prix at Silverstone. The race was given provisional status on the 2005 Formula One calendar, pending successful
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The breaking of the deadlock in the row over next year&#39;s British Grand Prix could help resolve the race&#39;s long-term future, Silverstone&#39;s owners believe.
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Bernie Ecclestone, formula one&#39;s commercial rights holders, doubts whether Jordan and Minardi will be competing next year. &quot;I think in the end they are going to find it not easy to survive,&quot; he said.
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Jordan have terminated the contract of Italian driver Giorgio Pantano and called in Timo Glock as a replacement. The team said contractual difficulties were behind the split, and confirmed German Glock would race in Sunday&#39;s inaugural Chinese Grand Prix.
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The British Grand Prix looks all set to be saved from the axe later today, after a last-minute deal was brokered between Silverstone&#39;s bosses and Formula One chief Bernie Ecclestone.
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A deal has been worked out to save the British and French Grand Prix races for 2005. ``We believe agreement was reached that removes any obvious obstacle for the British and French GPs to take place,&#39;&#39; McLaren team principal Ron Dennis said.
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Bernie Ecclestone gives Silverstone 48 hours to secure its place on the F1 calendar.
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The British Grand Prix has been given a stay of execution after being included on Formula One&#39;s draft 2005 calendar. Silverstone owners the British Racing Drivers&#39; Club have