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Donington Park Grand Prix deadline.


Summary: Uncertainty surrounds the future of the British Grand Prix This article is about Formula One race. For other uses, see British Grand Prix (disambiguation).

The British Grand Prix is a race in the calendar of the FIA Formula One World Championship.
 after the deadline passed for Donington Park Donington Park is a site near Castle Donington in North West Leicestershire, United Kingdom, owned by Donington Ventures Leisure Ltd. It is used as a motor racing track, and for music festivals.  to prove it had funding.

Uncertainty surrounds the future of the British Grand Prix after the deadline passed for Donington Park to prove it had funding.

The racetrack won the right to host the event from Silverstone This article refers to the village. For the circuit, see Silverstone Circuit.

Silverstone is a medium sized village in Northamptonshire, England. It lies roughly equidistant from Northampton, Milton Keynes and Banbury, and it has a population of about 2,000.
, but has so far failed to raise the cash to make it happen.

It needed to raise Au135 million by noon on Monday Monday: see week. .

Earlier this month, Donington launched a bond issue in an attempt to raise the money, but that proved unsuccessful.

Silverstone stands ready to take back to the race, but will force a hard deal from Formula one boss Bernie Eccelstone.

Independent Television News Limited 2009. All rights reserved.

Independent Television News Limited 2009. All rights reserved.

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Publication:Independent Television News Limited (ITN)
Date:Oct 26, 2009
Words:141
Previous Article:Donington Park deadline passes.
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