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SportF1: London race an ‘ideal’ option with Silverstone’s British GP future in doubt

15:30  06 december  2018
15:30  06 december  2018 Source:   theweek.co.uk

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The British Grand Prix is a race in the calendar of the FIA Formula One World Championship. It is currently held at the Silverstone Circuit near the village of Silverstone in Northamptonshire in England.

Silverstone casts doubt over British Grand Prix by activating F 1 break clause. Read more. The crying shame about Silverstone is that in F 1 terms it is a relatively small number that is missing The British GP is - I would estimate - the single best attended sporting event in the country, so obviously

F1: London race an ‘ideal’ option with Silverstone’s British GP future in doubt © Provided by Dennis Publishing Limited

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The future of Formula 1 racing in the UK is under the spotlight as Silverstone prepares for its possible final hosting of the British Grand Prix in 2019.

Next year’s British GP, scheduled for Sunday 14 July, is the last one on the current contract between Silverstone and F1 owners Liberty Media.

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Formula 1 ' s London Live event could prove to the sport' s owners that the capital is an "attractive" alternative to Silverstone for a British GP in the future , according But while a race through central London has long been mooted, with Docklands in the east of the city also reportedly an option , the

With Silverstone ' s future in Formula 1 up in the air, a London city street race is gaining momentum. But could it really happen?

Video: Is Silverstone's future safe? (Sky Sports)

In July 2017 the owners of the Northamptonshire circuit, the British Racing Drivers’ Club, activated a break clause in its F1 contract that releases them from hosting the race beyond 2019. The Daily Mail reported at the time that “potentially ruinous” costs were a factor in the decision.

John Grant, chairman of the British Racing Drivers’ Club, said last year: “This decision has been taken because it is not financially viable for us to deliver the British Grand Prix under the terms of our current contract.

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Silverstone ’ s owners, the British Racing Drivers’ Club (BRDC), were revealed on Thursday to be considering Future of F 1 British Grand Prix at Silverstone in doubt over hosting costs. The other touted option , the Circuit of Wales, is a project that has been in torturous gestation since 2011 and

Bring on Silverstone … The sights and sounds of F 1 's capital display. Stoffel Vandoorne drives the iconic McLaren MP4/6 in London . The demo comes amid uncertainty over the British GP 's future after 2019 with Silverstone ' s owners, the British Racing Drivers' Club (BRDC) activating a break

“We sustained losses of £2.8m in 2015 and £4.8m in 2016, and we expect to lose a similar amount [in 2017]. We have reached the tipping point where we can no longer let our passion for the sport rule our heads. It would not only risk the very future of Silverstone and the BRDC, but also the British motorsport community that depends on us.”

Working on a new deal

F1: London race an ‘ideal’ option with Silverstone’s British GP future in doubt © Getty Images ABU DHABI, UNITED ARAB EMIRATES - NOVEMBER 23: Sean Bratches, Managing Director (Commercial Operations) of the Formula One Group, walks in the Paddock before practice for the Abu Dhabi Formula One Grand Prix at Yas Marina Circuit on November 23, 2018 in Abu Dhabi, United Arab Emirates. (Photo by Charles Coates/Getty Images)

F1 bosses are “very hopeful” that a new deal with Silverstone can be agreed for 2020 onwards, but nothing is yet confirmed.

Sean Bratches, F1’s managing director of commercial operations, told Sky Sports News: “There has not been a lot of change in terms of the last time we spoke. We are having discussions and conversations around the business terms and both genuinely trying to get a deal done.

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How did F 1 and Silverstone get to this point? In truth, the issue of Silverstone ' s F 1 contract has been a situation nine years in the making, long pre-dating the Speaking to Sky Sports News a fortnight ago ahead of another planned meeting with British GP bosses, F 1 commercial chief Sean Bratches said

The British Grand Prix’s future has been called into doubt after Silverstone ’ s owners, the British Racing Drivers’ Club, said hosting the event is • British Racing Drivers’ Club: staging race is becoming financially unfeasible • Contract runs until 2026 but there is option for break clause at end

“Silverstone - it speaks for itself - it’s an extraordinary brand. It’s the home of the first grand prix.”

What about a London Grand Prix?

F1: London race an ‘ideal’ option with Silverstone’s British GP future in doubt © Getty Images City of London at night, UK

An alternative to Silverstone, or even a future addition to the F1 calendar, could be a possible London Grand Prix street race.

Mayor Sadiq Khan told the BBC last year he was “keen” to speak to F1 about a London GP and Bratches revealed that talks have been held.

“We are having conversations with the mayor’s office and conversations with cities around the world,” said Bratches.

“Certainly if there was an opportunity in London for us to race in the great streets here this would be an ideal circumstance - both for London and for Formula 1 fans around the world.”

Ecclestone has doubts over London

F1: London race an ‘ideal’ option with Silverstone’s British GP future in doubt © Getty Images Former F1 boss Bernie Ecclestone looks on during the first practice session at the Yas Marina circuit on November 23, 2018, in Abu Dhabi, ahead of the Abu Dhabi Formula One Grand Prix. (Photo by GIUSEPPE CACACE / AFP) (Photo credit should read GIUSEPPE CACACE/AFP/Getty Images)

One person who does not expect a London race to happen is former F1 chief Bernie Ecclestone.

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Silverstone Circuit is a motor racing circuit in England located next to the Northamptonshire villages of Silverstone and Whittlebury. The circuit straddles the Northamptonshire and Buckinghamshire border

Silvertsone’ s owners have triggered the break clause in their contract with Formula One which will mean that, unless a new agreement can be reached, 2019 will be the last year that the British Grand Prix takes place at the circuit.

The 88-year-old told Speed Week: “We looked at it years ago. It’s too complicated, too many restrictions. We had so many meetings and in the end the difference was £3m.

“I said ‘that’s the cost of the bottled water at the meetings we still need to have. So let’s just forget the whole thing’.”

Pictures: The British Grand Prix at Silverstone (motor1.com)

More on F1: London race an ‘ideal’ option with Silverstone’s British GP future in doubt.

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