Ross Brawn, the Formula One Managing Director of Motorsports and technical director, admitted that Liberty Media is currently working on a deal that would keep Formula 1 racing at the Silverstone Circuit in England for years to come. Silverstone’s owner, the British Racing Drivers’ Club, has triggered a break clause in the contract, meaning that unless another deal can be agreed upon, 2019 will be the last race.
Formula 1 owner Liberty Media’s Ross Brawn says he’s working on the deal: “Silverstone is a special event on the calendar, and we all want to make sure it stays there for a long time,” Brawn told France’s Auto Hebdo. “We are working hard with the BRDC to find a satisfactory agreement for both sides.”
The BRDC terminated its current deal in the hope of renegotiating a more financially favorable one, and Brawn said he would prefer if the talks remained private: “We are working on it methodically, and it’s always best to do so out of sight and without sensational headlines. We want to stay at Silverstone for the long term, because it’s one of the birthplaces of motorsport. When there is something to announce, we will be the first to do so.” – Formula One Managing Director of Motorsports Ross Brawn concluded, as reported by Autoweek earlier today.