British tabloid claims Gillett has found GP cash

28/10/2009
NEWS STORY

British tabloid the Express claims that, in what would have to be an amazing 'skin of the teeth' move, Donington boss Simon Gillett has found £12m and thereby "saved" the British Grand Prix.

While nobody is quoted and no source attributed, the British tabloid claims that Gillett won a "last-gasp bid to keep the British grand Prix after transferring £12 million to Formula One on the deadline last night".

If true, by transferring the money - which happened after the close of business on Tuesday night and therefore legally missed the latest deadline - Gillett might have caused this pathetic saga to rumble on for a little bit longer.

However, every day that Gillett continues with the Donington bid makes it harder for Silverstone to get on with the process of organizing the event, assuming that the Northamptonshire circuits owners, the British Racing Drivers' Club, can agree a financial deal with Bernie Ecclestone.

Where the £12m came from the Express doesn't say, but there are no branches of Cash Converters close to Donington, therefore that can only mean that Gillett has sent in several thousand jiffy bags containing unwanted jewlery (sic) to Postalgold.

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Published: 28/10/2009
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