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this isn't a last ditch measure when the car parks are under water, this is being planned 18 months out, and makes a great deal of sense. sure there is an infinate number of things that could F up, but if there is no car entrance on race day then there will be no cars in a queue and as long as they designate enough parking wherever they run the buses from and enough buses then it will probably be better than trying to get out of any race circuit in the country when there are 100,000+ people trying to get out at once.
i'm sure everyone will moan (oh, the indignity of having to get on a bus), but its a practical solution to a real problem, being thought out well in advance - very un-British ;)
There really isn't a problem with Transport too and from Donny. The airport's within spitting distance of the circuit and the M1 runs close by. There are some large retail and industrial complexes near that could easily operate park and ride for drivers and train links are good.