07/09/2004
NEWS STORY
The BRDC has today submitted an offer to FOM to act as the promoter for the British Grand Prix through 2005, 2006 and 2007. This offer has been made on terms that do not create a profit, and carry inherent commercial risk, for the BRDC. However, in the interests of maintaining the British Grand Prix in the United Kingdom we are prepared as a Club to make our contribution.
It is the Club's hope for the sake of the sport and the industry in the United Kingdom that agreement can be reached. It is seen as the essential first stage in a programme of major development at the Silverstone Circuit so that it becomes a true statement of the world status of British motorsport and its industry.