British GP rescue talks scheduled for Monday

Jun.24 (GMM) Talks to save the British grand prix are set to take place.

The Sun reports that a meeting will happen on Monday, after organisers of the Silverstone race last year triggered a break clause in the contract for cost reasons.

As things stand, next year’s British grand prix is set to be the last.

But Liberty Media commercial boss Sean Bratches says he is hopeful a new deal can be done.

“Silverstone is part of the foundation of this sport,” he said.

“We are a commercial business and we are going to do a deal that makes sense for us and hopefully there’s an opportunity there.

“We just renewed Spa (Francorchamps) on terms that work for both parties, and my suspicion is that we can do the same for Silverstone. That’s our intent anyway,” Bratches added.

Related News

  • 29/03/2019 Bratches warns Zandvoort to sign 2020 deal Mar.29 (GMM) Sean Bratches has warned Zandvoort that the venue needs to secure its place on the 2020 calendar. Earlier this week, Dutch GP boss Jan Lammers said a widely reported March […]
  • 28/08/2018 F1 agrees new German GP deal – report Aug.28 (GMM) The German grand prix has been saved, according to the local Frankfurter Allgemeine Zeitung (FAZ) newspaper. Earlier, with Liberty Media's plans for a Miami GP next year in […]
  • 24/08/2018 2019 German GP rescue talks ‘good’ – Bratches Aug.24 (GMM) F1 commercial boss Sean Bratches has declared himself an "optimist" as talks with Hockenheim about a 2019 race continue. Talks between Liberty Media and Hockenheim about a […]
  • 27/04/2019 Bratches admits Dutch GP ‘deal’ is done Apr.27 (GMM) Zandvoort appears to have "a deal" in place with Liberty Media for a Dutch GP in 2020. After a March 31 deadline, and subsequent media reports that a deal has been struck, […]
  • 13/07/2017 F1 not ruling out London GP Jul.13 (GMM) The chances of a F1 street race in London have taken a clear step forward this week. The boost comes as Silverstone exercised a post-2019 break clause in its existing […]
  • 01/07/2018 No 2019 German GP ‘frustrating’ – Bratches Jul.1 (GMM) Liberty Media has confirmed that Germany will be missing from the 2019 calendar. Hockenheim boss Georg Seiler revealed in the week that he has failed to reach a good […]
  • 14/11/2018 F1 has ‘other options’ to British GP – Carey Nov.14 (GMM) Chase Carey has admitted a cloud still hangs over the future of the British grand prix. Last year, Silverstone's owner, the British Racing Drivers' Club, exercised a break […]
  • 09/04/2019 Miami GP vote delayed amid corruption rumour Apr.9 (GMM) Plans for a grand prix in Miami remain dead in the water. Liberty Media had wanted to put a second US grand prix on the calendar for 2019, but despite delays F1 CEO Chase […]
  • 30/04/2019 Spa promoter says Dutch GP deal not ‘done’ Apr.30 (GMM) The promoter of an existing F1 race has cast doubt on whether a deal for a 2020 Dutch GP is in fact done. Olav Mol, a commentator for Dutch television Ziggo Sport, said he […]
  • 19/01/2017 Silverstone ‘will drop’ British GP – source Jan.19 (GMM) Bad news is still flowing out of Silverstone, the embattled current venue of the historic British grand prix. Recently, the track-owning British Racing Drivers' Club (BRDC) […]