British GP at Donington from 2010! CANCELLED!

bernie says F1 doesnt need a british grand prix, but that is totally wrong IMO. Like France, Germany, Italy, Belgium and to some extent Brazil, Its a main stay grand prix that should not be taken away! Ever!

but hopefully a deal will be done and we go back to silverstone, hopefully the BRDC will do us brits proud!

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Originally Posted by Mark

Perhaps they will and be sold off by the creditors, to Silverstone :D

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More likely MSV, I bet Jonathan Palmer would like to have Donington in his stable.

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Originally Posted by AndyL

More likely MSV, I bet Jonathan Palmer would like to have Donington in his stable.

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I'd like that too. Dr P has a track record (ha ha, track, geddit? :p : ) of investing properly in his circuits. If the Donington management go bust and can't pay their rent to the Wheatcrofts then I can't think of a better person to step in.

Thing is, how much work (read: money) will it take to make Donington raceable again now? Not even the deluxe upgrade package required to host an F1 race, just repairs enough to get things going again.

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Just a day after it seemed Donington Park's hopes of hosting the British GP were dead in the water, it now appears that all is not lost after Simon Gillett managed to raise the necessary funds.

According to the Daily Express, Donington chief executive Gillett transferred the outstanding £12million they had to pay the Formula One management company before the deadline expired.

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http://www.planetf1.com/story/0,1895...656668,00.html

:crazy:

So Gillett plucks £12m out of the air? Sounds fairly shady to me:

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Originally Posted by DonningtonInvestor

I understand. You found paradise in Donnington, you had a good idea, you made a good living. Bernie protected you and there were banks. And you didn't need a friend like me. But uh, now you come to me and you say - 'Don Corleone, give me money.' But you don't ask with respect. You don't offer friendship. You don't even think to call me Godfather. Instead, you come into my house on the day my daughter is to be married, and you, uh, ask me to bail you out

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£12m with no guarantee of a GP either....shows how mad F1 has become

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Originally Posted by I am evil Homer

£12m with no guarantee of a GP either....shows how mad F1 has become

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when was it not mad?

I'll believe it when I see it. All this latest news does is buy Donington a few more weeks before they admit yet another failure, all the time scuppering Silverstone's chances and with it the fate of the British Grand Prix.

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Formula 1 supremo Bernie Ecclestone has confirmed Donington's hopes of hosting the British Grand Prix next year are over after the circuit failed to raise the funds to complete its redevelopment plans.

Ecclestone insisted he is still in talks with Silverstone to reach a deal for the 2010 race and suggested the ball was on the British track's court.

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http://www.autosport.com/news/report.php/id/79826