BRDC says Silverstone development reports ‘poppycock’

Reports that Bernie Ecclestone might bail out Silverstone are “poppycock and mischief-making”, according to sources at the circuit-owning British Racing Drivers’ Club.

Rumours have indicated that the BRDC is running out of money to complete the redevelopments at the British grand prix venue and that Ecclestone could gain control of Silverstone by rescuing the project.

While the BRDC is not commenting officially, Telegraph correspondent Tom Cary spoke with key figures whilst attending the club’s awards lunch in London.

He said he was “assured” that the reports, including claims the low-lying development is at risk of flooding, are “all poppycock and mischief-making”.

“Development is on track, on budget and was signed off by respected architects and engineers who would have taken the water table into account,” said Cary, recalling his conversation with the BRDC figures.

“There is a constant search for investment, primarily focused on utilising the development lands around Silverstone to create added value, but this is old news,” he added.

0 comments

Other articlesgo to homepage

	Backer says no doubts about 2012 Austin GP(0) The key backer of the scheduled 2012 US grand prix insists he remains committed to the Circuit of the Americas project. Construction in Austin, Texas, has continued amid raging local media speculation, as lawsuits are pending and questions are constantly asked about the viability of the project commenced by the now offside promoter Tavo Hellmund.

	Student protests threaten 2012 Canada GP(0) Angry students could threaten next month’s Canadian grand prix. Protests in Montreal, regarding planned university tuition fee increases, have been turning increasingly ugly and even violent, involving the throwing of glass bottles and hundreds of arrests. According to the French language La Presse newspaper, at least one student association has specifically threatened to disrupt the

	F1′s sixth winner shapes up for Monaco(0) F1′s next winner could be at the wheel of a black and gold car. “I think Kimi (Raikkonen) will be the sixth different winner in the sixth race,” said Finnish commentator and former driver Mika Salo, to the MTV3 broadcaster. Although the results in 2012 have proved impossible to predict so far, many paddock pundits

	Spain, Spa, France, Canada and Russia – race rumours(0) Valencia will not be on next year’s F1 calendar, Bernie Ecclestone said on Saturday. He confirmed that, starting in 2013, an annually alternating deal between the Spanish port city and Barcelona will begin. Barcelona, the scene of this weekend’s Spanish grand prix, will host the race in 2013, before Valencia returns to the schedule in

	Montreal must improve track or lose F1 race(0) Montreal has been warned to spend around $15 million on the Circuit Gilles Villeneuve or risk losing the Canadian grand prix. La Presse reports that Bernie Ecclestone has said only a major redevelopment of the circuit will lead to talks about a new contract beyond 2014. The report said that, in light of the F1