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Mosley backs Silverstone GP

FIA President Max Mosley has given his strongest indication yet that Silverstone will continue as the venue for the British Grand Prix next season - and poured scorn on the hot gossip that a London street circuit could be a possible replacement

A planned demonstration run by Formula 1 cars in Regent Street this July is sparked speculation that Bernie Ecclestone could look to move the British GP to the country's capital city if protracted negotiations over Silverstone's contract founder.

But speaking in Monaco this morning, Mosley revealed that a new deal with the Northamptonshire facility is now likely. "I'm sure Silverstone will be okay," he said. "I'm sure a deal is close to get the GP secured for 2005 and 2006." Mosley also said that the venue's new pit complex will be built and that the government's sports minister Richard Caborn had played a significant roll in concluding the negotiations.

On the subject of London's chances of hosting a race, Mosley said: "London has launched a bid for the Olympics and if they wanted to launch a bid for a grand prix then obviously we'd listen. But I'd say the chances for a GP are about nil."

Up to seven F1 teams are still expected to attend the demonstration run on July 6, the Tuesday before the British GP.

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