Hamilton to miss F1 parade in London

13 July, 2017, 00:41 | Author: Ora Austin
  • Hamilton Bottas has had a better season so far

Red Bull Racing boss Christian Horner has hit out at the owners of Silverstone after they threatened to quit hosting the British Grand Prix from 2020.

Former world champion and four-time British Grand Prix victor Nigel Mansell, who tasted victory three times in the race at Silverstone, believes it would be "a very sad day" if the circuit no longer hosted grand prix racing.

Grant added that he hoped it would be possible for Silverstone to retain the Grand Prix beyond 2019 with a renegotiated agreement with Liberty.

The BRDC stated that it could no longer afford the terms of a contract signed in 2009, and which includes a 5% annual increase of the promoter's race fee. When Liberty Media bought F1 off Bernie Ecclestone at the start of the year they placed the historic European races at the heart of their strategy to grow the sport.

With Chase Carey adamant that the deal can not be renegotiated, for such a move would encourage circuit owners to make similar demands, Brown suggests Liberty should consider buying the track.

Consequently, the break clause is one of Silverstone's only ways out of this losing situation.

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This victory would be the beginning of greater achievements and efforts to maintain Iraq's territorial integrity, he said . IS fighters carried out forced displacement and summary killings, as well as using civilians as human shields.

The BRDC believes that Silverstone is the cessation of the most popular in the calendar of the F1, with 350 000 spectators per race weekend.

BRDC chairman John Grant said under the existing deal Silverstone lost £2.8million in 2015 and £4.8m previous year.

"But we have also said in recent months that it is the BRDC's strategic direction not to sell Silverstone circuit".

"We can no longer let our passion for the sport rule our heads". Discussions, he said, were ongoing with the F1 owners to resolve the situation and secure the long-term viability of Silverstone hosting the British GP.

"The British Grand Prix remains one of the best-supported sporting events in the country, attracting 139,000 fans on race day in 2015 and a similar number a year ago". June 16 was the deadline for them to activate the break clause in the contract. I've met the new leadership of F1, they're a breath of fresh air, they're very exciting, they've got cracking ideas, and if they want to have a conversation with me, I'm really happy to talk, listen, and work with them to make it happen. We are the only credible venue as there would be so many issues with holding a race in London. "They have created a paddock with zero atmosphere at one of the most historic race tracks in the United Kingdom, so there has been some serious misjudgement and management one would say".

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