Silverstone triggers F1 British Grand Prix release clause

The owners of Silverstone, The British Racing Drivers’ Club, has formally triggered the break clause in its contract with Formula .

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F1 bosses brand Silverstone move as 'posturing'

F1 cars in action at the British Grand Prix Credit: PA Images

Fomula One bosses Liberty Media have issued a statement relating to Silverstone's notice to quit staging the race.

They've branded the move as 'posturing'

It said:

"The week leading up to the British Grand Prix should be a week of great celebration for F1 and Silverstone. We deeply regret that Silverstone has chosen instead to use this week to posture and position themselves and invoke a break clause that will take effect in three years' time.

"We offered to extend the current deadlines in order to focus on everything that is great about Silverstone and Formula 1. Regretfully the Silverstone management has chosen to look for a short-term advantage to benefit their position. Our focus is still to preserve the British Grand Prix. We will carry on negotiating with the promoter in good faith and in private to reach a fair and equitable solution."

– Liberty Media

BREAKING: Silverstone triggers British GP release clause

Silverstone to trigger release clause

The owners of Silverstone, The British Racing Drivers’ Club, has formally triggered the break clause in its contract with Formula 1, now owned and managed by Liberty Media.

This means that unless a new contractual arrangement can be reached with Liberty, 2019 will be the last year that the British Grand Prix takes place at Silverstone - the only viable venue for a British GP.

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