F1: British GP 'saved by deal'
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Formula One bosses agree a cost-cutting deal which could save the British Grand Prix.
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The British Racing Drivers&#39;Club (BRDC) and FOA today announced a contractual and financial agreement which will secure the future of the Grand Prix at Silverstone for the next five years.
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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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Motorsport.com. Silverstone is apparently considering a non-championship F1 race if the British Grand Prix is axed. Bernie Ecclestone said this week that he was going to end talks
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The British Grand Prix has been confirmed with a five-year deal between the British Racing Drivers&#39; Club - owner of the Silverstone circuit - and F1 chief Bernie Ecclestone.
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The money saved will go towards an eighteenth and nineteenth grand prix next year -- in Britain and France. &quot;A commercial deal with Bernie Ecclestone is done,&quot; Australian Stoddart revealed at the Hilton.
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Ferrari sources have said unofficially that they will support the commercial arrangements agreed on Tuesday by the other nine formula one teams which should remove the last hurdle preventing the 2005 British grand prix from being confirmed on the final
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Formula One fans in Britain will be offered a 50-pound (95 dollars) refund if home favourite Jenson Button wins next year's British Grand Prix at Silverstone, organisers have said.
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Silverstone&#39;s owners have been given 48 hours to agree a contract for next year&#39;s British Grand Prix, Formula One supremo Bernie Ecclestone said on Monday.
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Silverstone's owners could modify the lay-out of the track after securing the future of the British GP.
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LONDON - The British Grand Prix was yesterday dropped from next year&#39;s calendar after the owners of the Silverstone circuit failed to meet the asking price of Formula One rights&#39; owner Bernie Ecclestone.
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Sports Minister Richard Caborn today categorically ruled out the Government stepping in to provide the cash to save the British Grand Prix at Silverstone.
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News reports from Britain say the British Grand Prix race will be dropped from next year&#39;s Formula One calendar, because of a financial dispute between race organizers and Formula One chief Bernie Eccelstone.
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The British Racing Driversâ Club have set a deadline of the end of October to save the British Grand Prix. The Silverstone race is on the provisional calendar but the BRDC are still to agree staging rights with F1 supremo Bernie Ecclestone.
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Formula One commercial rights holder Bernie Ecclestone has said that time has run out for the organisers of the British Grand Prix to save the race for the 2005 season.
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The company claiming to have saved the British GP says the race will stay at Silverstone.
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The Formula 1 teams say that the British Grand Prix is saved but the owners of Silverstone, the British Racing Drivers&#39; Club do not yet have a deal with Formula One Management.