collapse

* Welcome

Welcome to GPWizard F1 Forum!

GPWizard is the friendliest F1 forum you'll find anywhere. You have a host of new like-minded friends waiting to welcome you.

So what are you waiting for? Becoming a member is easy and free! Take a couple seconds out of your day and register now. We guarantee, you wont be sorry you did.

Click Here to become a full Member for Free

* User Info

 
 
Welcome, Guest. Please login or register.
Did you miss your activation email?

* Newsletter

GPWizard F1 Forum Newsletter Email address:
Weekly
Fortnightly
Monthly

* Grid Game Deadlines

Qualifying

Race

* Shoutbox

Refresh History
  • Wizzo: :good:
    March 05, 2024, 11:44:46 PM
  • Dare: my chat button is onthe bottom rightWiz
    March 03, 2024, 11:58:24 PM
  • Wizzo: Yes you should see the chat room button at the bottom left of your screen
    March 02, 2024, 11:39:55 PM
  • Open Wheel: Is there a Chat room button or something to access “Race day conversation”
    March 02, 2024, 02:46:02 PM
  • Wizzo: The 2024 Grid Game is here!  :yahoo:
    January 30, 2024, 01:42:23 PM
  • Wizzo: Hey everybody - the shout box is back!  :D
    August 21, 2023, 12:18:19 PM

* Who's Online

  • Dot Guests: 283
  • Dot Hidden: 0
  • Dot Users: 0

There aren't any users online.

* Top Posters

cosworth151 cosworth151
16166 Posts
Scott Scott
14057 Posts
Dare Dare
12999 Posts
John S John S
11281 Posts
Ian Ian
9729 Posts

Author Topic: More doubt over Donnington British GP in 2010  (Read 647 times)

Offline John S

  • F1 Legend
  • ****
  • Date Registered: Jan 2007
  • Location: Lincolnshire, UK
  • Posts: 11281
  • 11550 credits
  • View Inventory
  • Send Money To John S
  • Max for 3rd title! - to see more Toto apoplexy.
More doubt over Donnington British GP in 2010
« on: February 08, 2009, 09:07:09 PM »

I know this story has some foundation as I read the full page article it's based on in the Mail on Sunday earlier today.
 
 The question-marks about the 2010 British Grand Prix switch to Donington continue, with revelations of debts and a new lawsuit against circuit boss Simon Gillett.

The Financial Mail reports that, following the departure of Chief Operating Officer Lee Gill, he is taking CEO Gillett to the High Court in connection with his dismissal.

Additionally, accounts just filed at Companies House show a €14m loss for 2008, 76m in debt, and the view of an auditor that Donington may not be ready to host the F1 race next year.

F1 Chief Executive Bernie Ecclestone has said he will review Donington's progress in September and is prepared to take his sport away from Britain altogether. 
 
UK's the Financial Mail said Donington's main financial backer is the Monaco-based property developer Paul White but he is "under no binding agreement to keep the company afloat."

Gillett said details about the financial package will be revealed in March. "Anybody who doubts our progress or commitment is welcome to visit the Donington Park cafe, where they can watch the ongoing construction development on large screens," he said.

Source: GMM
© CAPSIS International


Racing is Life - everything else is just....waiting. (Steve McQueen)

 


SimplePortal 2.3.6 © 2008-2014, SimplePortal
Menu Editor Pro 1.0 | Copyright 2013, Matthew Kerle