Bernie Losses One

London, England (Sports Network)

The British Racing Drivers Club, owners of the Silverstone Grand Prix Circuit and Formula One have agreed to a five-year deal to keep the British Grand Prix alive through 2009.

The official 2005 F1 calendar is due to be ratified by the World Motor Sport Council of the FIA, the sport’s world governing body, in Monaco on Friday. The two sides had difficulty agreeing to the length and cost of the new contract and F1 boss Bernie Ecclestone had threatened to cancel the British GP.

“The agreement entered into is, I believe, in the best interests of the Club, the circuit, its businesses and its future,” said BRDC chairman Ray Bellm.

The deal means there will be 19 F1 races next season.

It may be in the best interests of the venue but the bigger F1 picture just got more expensive. More testing, another travel date, etc, etc.

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2 Responses to “ Bernie Losses One ”

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