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Old 16 Dec 2018, 15:50 (Ref:3870682)   #1963
Mike Harte
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Join Date: Oct 2011
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W. Yorkshire
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Mike Harte will be entering the Motorsport Hall of FameMike Harte will be entering the Motorsport Hall of FameMike Harte will be entering the Motorsport Hall of FameMike Harte will be entering the Motorsport Hall of FameMike Harte will be entering the Motorsport Hall of FameMike Harte will be entering the Motorsport Hall of FameMike Harte will be entering the Motorsport Hall of FameMike Harte will be entering the Motorsport Hall of FameMike Harte will be entering the Motorsport Hall of Fame
According to a report in one of the financial pages of a UK Sunday newspaper, it appears that Silverstone and Liberty have yet to agree a new contract to hold a GP after next year's event.

The latest offer from the British Racing Drivers' Club (BRDC, owner of the track) is that Silverstone would hand Liberty all ticket revenue in return for Liberty paying them a fee to cover the costs of hosting the event.

In the six years up until the end of 2017, BRDC have made a combined loss of £51 million. So continuing to host the GP on the basis of the original contract would be suicidal as it included a 5% (compound) escalation clause.

The above offer would seem to be the only way that the race might continue in the UK.
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