Silverstone fears Liberty Media push for London Grand Prix
F1 News
- Jake Williams-Smith
Silverstone could lose the British Grand Prix as Liberty Media has apparently revealed the intention to move the race to host the race on the streets of London.
Questions over the future of the British Grand Prix and the venue where it would be held have been frequent since the existing contract with Silverstone was not handed a long-term extension by Liberty Media.
According to managing director of Silverstone, Stuart Pringle, the owners of Formula 1 have finally revealed intentions to move the British Grand Prix to London, adding yet another street race to the F1 calendar.
“F1 have admitted to us for the first time that they want to have a race in London," Pringle told the BBC.
"That’s a material change because it’s different to previous arrangements and Britain is not a very big island. It’s a commercial concern.
"It significantly increases the risk to Silverstone that only a few short years ago was nearly obliterated by its commitment to F1 and trying to maintain a British Grand Prix. We metaphorically and literally cannot afford to go back to that position.”