Formula One news

Brit GP will be saved

Sir Jackie Stewart has added his voice to growing optimism that the British Grand Prix will be raced in 2005. The triple world champion, president of the club which owns F1 venue 'Silverstone Circuit', said a feeling 'deep in my stomach' makes him think a rescue is nigh.

He said on Wednesday: "I spoke to the (sport) minister Richard Caborn today and he also is cautiously optimistic that we can come to a solution on it."

A news agency said an 'incentives package' involving the government's East Midlands Development Agency (EMDA), had been devised since Bernie Ecclestone last week vowed to axe the historic event.

Caborn was not available for comment, but a spokesman at his office said the minister and F1 supremo Bernie Ecclestone are 'back in useful' negotiations. "They both know," the spokesman added, "(that) the grand prix is too big to drop for both of them."

Ecclestone confirmed that he and Caborn have been in constant contact. "He has asked me to meet the BRDC halfway," said the F1 impresario, "and I have done so."

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