Bernie Ecclestone: “No British Grand Prix in 2010″ 

Written by David on May 22nd, 2008 at 9:55 amLast Update: May 22nd, 2008 at 11:26 am

British Grand PrixFormula One Management boss Bernie Ecclestone has ruled out for now the possibility of a British Grand Prix in 2010 as negotiations over a new contract to host the race enjoy the status of “a dead duck”: the existing five-year deal ends next year and the renewal date has already passed. According to reports, Ecclestone sent a new contract to BRDC (British Racing Drivers’ Club) demanding $22 million a year, rising at a rate of five per cent per annum but the BRDC would have returned the document unsigned asking for a discount.

“I suppose they could come back to me,” said Ecclestone. “They could get the building done in six months”, he added referring to Silverstone’s pit and paddock upgrade.

“But I would not put any money on it. The BRDC know the terms. If they meet them, then we are in business. But at the moment they can’t and therefore there is no race in 2010,” he concluded.

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