Formula 1 news
Brit GP is dead - Bernie
20 October 2004 |
You've read it before, but the historic Formula One event at Silverstone is finally dead. F1 impresario Bernie Ecclestone revealed on Tuesday that he has told a new grand prix host - probably somewhere in the United States - that talks with the British Racing Drivers' Club have definitely failed.
He told the UK's The Times: "What could I do? I have got an offer from another country who are looking to build a lovely venue and invest a lot of money in Formula One. I have to give them a year's notice to go ahead. If I miss that because I am still messing about with the BRDC, I would be keeping out a country that desperately wants to be in the championship."
The 73-year-old's final decision comes only after the BRDC told Bernie that a last and lowest offer - received by the Club in a draft contract last week - was still not acceptable.
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