UPDATE 1-Deal secures Silverstone&#39;s F1 future
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Silverstone, home of the British Grand Prix and birthplace of the Formula One world championship, has secured its place on the race calendar for the next five years.
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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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F1 and Silverstone's owners agree a five-year deal to save the British Grand Prix.
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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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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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Silverstone's owners say the British Grand Prix will only go ahead if a contract dispute is resolved.
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LONDON : The British and French Grand Prix are reported to have been saved after every Formula One team apart from Ferrari agreed to cut testing by 50 percent.
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After months of speculation, the immediate future of the British Grand Prix at Silverstone should be decided in the next 48 hours.
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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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London: Silverstone&#39;s owners have been given a two-day deadline to agree a deal to keep next year&#39;s British Grand Prix on the Formula One calendar.
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Jordan are close to agreeing an engine deal with Toyota that would secure their Formula 1 future. The Irish team have been striving to finalise a deal to meet the deadline of 15 November for entries for the 2005 championship.
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The British Grand Prix at Silverstone may be saved with Government officials expecting an announcement by Friday. Talks between Formula One chiefs and Silverstone&#39;s owners are understood to be at an advanced
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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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The British Grand Prix debacle, which we forecast yesterday, was inevitable, given the parties involved in the negotiations. The race will no doubt return one day to the Formula 1 calendar but that is not
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The British Grand Prix at Silverstone seems certain to be reprieved after a deal between Formula One teams. Nine of the 10 teams agreed to cut testing by 50 per cent to bear the cost of two extra races at
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&quot;They did a great job. The circuit deserves a seven-year contract. It&#39;s really enjoyable to race here,&quot; added the president of the sport&#39;s world governing body FIA in an interview with Xinhua news agency.
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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.