BRDC open to Silverstone investors
Silverstone has opened the door on future commercial investment that could help it get the British Grand Prix back, following a meeting of its owners at the track on Tuesday
The British Racing's Drivers' Club has owned Silverstone since 1971 and today it agreed to grant its Board the powers to approve offers of investment in the track and its surrounding land.
The only proviso on taking such investment is that it is beneficial to both motor sport and the club.
BRDC chairman Robert Brooks said, "The resolutions proposed at this EGM called for the powers, granted to the Board at a previous EGM two years ago, to be extended to our core land. I am of course pleased with the outcome. It further illustrates the BRDC's commitment to Silverstone and to the future of British motor sport."
Damon Hill, President of the BRDC, added "This vote is a significant result for the future of Silverstone.
"Today's EGM was not about selling Silverstone. BRDC Members were voting on whether or not the Board should be authorised to approach and negotiate deals, with potential investors, on behalf of the Club. It is purely commercial. Silverstone is an international sports arena and we are continuing with plans to develop it in keeping with the very highest standards.
"The primary function of Silverstone will always be racing, hopefully with a Formula 1 British Grand Prix."
Be part of the Autosport community
Join the conversationShare Or Save This Story
F1 teams and Pirelli had no warning of “painted” Shanghai track surface
FIA still chasing answers over bizarre Shanghai F1 grass fires
Why F1 2026 worst case fears could be key to new rules success
Oliveira reckons MotoGP “looks too easy” on TV now
The short-term pain that hides a very real Williams improvement
WEC Imola: Ye fastest to lead Ferrari 1-2 in practice
F1 teams and Pirelli had no warning of “painted” Shanghai track surface
The short-term pain that hides a very real Williams improvement
How a Shanghai to Sheffield journey paved the way for China’s F1 hero
Why F1 2026 worst case fears could be key to new rules success
How the F1 driver market situation sits for each team with 2025 openings
Subscribe and access Autosport.com with your ad-blocker.
From Formula 1 to MotoGP we report straight from the paddock because we love our sport, just like you. In order to keep delivering our expert journalism, our website uses advertising. Still, we want to give you the opportunity to enjoy an ad-free and tracker-free website and to continue using your adblocker.
Top Comments