Formula One news

Donington sold to private consortium

Donington Park, one of Britain's most historic motor racing venues has been sold by Live Nation (formerly Clear Channel Group) to the newly created Holding company Donington Ventures Leisure Limited (DVLL), led by founders Simon Gillett and Lee Gill. DVLL 

has simultaneously acquired from Wheatcroft & Sons, substantial surrounding lands and have taken over responsibility for the 'Donington Grand Prix Collection' - the world's largest collection of Grand Prix racing cars. These acquisitions will allow the company to further develop the circuit and motor sport events but also widen the Park's appeal in leisure and entertainment. 

Donington Park founder Tom Wheatcroft has agreed to join the company and will assume the role of President with immediate effect. Kevin Wheatcroft also joins the company as special advisor and brings expertise and knowledge that will help develop and promote the Donington Grand Prix Collection.

Donington was host to the British Formula 1 Grand Prix in 1993.

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