Silverstone (again) set to terminate British GP contract.

Silverstone (again) set to terminate British GP contract.

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Discussion

p1stonhead

25,567 posts

168 months

Sunday 16th July 2017
quotequote all
Dr Z said:
Welshbeef said:
Vaud said:
Evangelion said:
I'm hoping some clever person can tell me how long it is.


About 1.7 miles plus the hairpin section, so ~1.9 miles.
Add in Westfield avenue too.
yes Here's my effort:



Added the uphill blast to Westfield Ave.

4.22 km of no overtaking goodness. Tilke would be proud! wink
You've all been scooped!

https://www.motorsportweek.com/news/id/15301

FourWheelDrift

88,551 posts

285 months

Sunday 16th July 2017
quotequote all
p1stonhead said:
My idea 5th post page 1, I claim the fee smile

Motorsport week said:
"The founders of London GP have been developing plans to host a Formula One race on the Queen Elizabeth Olympic Park for over 12 months," read a statement
Now they say it.

williamp

19,264 posts

274 months

Sunday 16th July 2017
quotequote all
Here is my idea, using an existing London venue:



Using a variation of the 750kg rules:

"....3-liter supercharged formula, based on a sliding scale of weight (from 400 to 850 kg) in relation to capacity. The weight led effectively to 3-liter S/C (supercharged) cars or 4.5-liter U/S (unsupercharged) cars with a minimum weight of 850 kg - 1873 lb. The weight included tires, transmission- and differential oil but not cooling water, engine oil, fuel, tools and spare wheels. Relation of supercharged to unsupercharged engine was 1:1.5. Free choice of fuels; minimum race distance 500 km - 312 mi...."

V16 supercharged engines are OK. As would twin engined Italian cars...

rubystone

11,254 posts

260 months

Monday 17th July 2017
quotequote all
ClockworkCupcake said:
Sorry, you're asking why two businesses should be bound by, and operate within, a contract they both agreed to? confused
....with a break clause agreed between both parties....

Doink

1,652 posts

148 months

Monday 17th July 2017
quotequote all
An interesting article from yesterday in the Times......

An offer by Formula One owner Liberty Media to take over the running of the British Grand Prix will be rejected by Silverstone.

The American media giant, which bought F1 for £6 billion (S$10.7 billion) last year, has found itself embroiled in the traditional summer sport of keeping the British race on the calendar, with the Silverstone owner insisting on a new deal.

The British Racing Drivers' Club (BRDC), which owns the circuit, last week exercised a break clause in its 17-year deal to run the race until 2026, citing losses of £7.6 million in the past two years.

Liberty, frustrated at the BRDC's decision to do so in the build-up to yesterday's race, has offered to run the event for five years if it is given the circuit free for three weeks.

It might even be prepared to wipe out the race debts, but the BRDC is expected to decline Liberty's offer as it says it would lose £20,000 a day under the arrangement.

However, the gamble of using the break clause could backfire if Liberty does not turn out to be as sympathetic to the Silverstone cause as the BRDC believes.

Liberty chief executive Chase Carey said that European races were very important to the F1 story and that Liberty would work with Silverstone to promote the British Grand Prix.

The BRDC chairman, John Grant, has described running the event as ruinously expensive, but Carey appears puzzled that a circuit that attracted 350,000 customers last year, one of the best in F1, cannot break even.

The contract, which began at £12 million and escalates by 5 per cent a year, will cost £26 million by the end of the deal in 2026.

Carey said at Silverstone: "I don't understand some of their claims about their economics, particularly when I look at our business in other places. The people who run a good race seem to have a different picture than they are painting.

"But I don't have visibility to how they account, how they assign costs. I know we are not treating them unfairly. We are treating them consistently with others. We value Silverstone and we have three years to reach an agreement.

"Our preference is for Silverstone but the British Grand Prix certainly does not have to be here.

"We have had expressions of interest from other places in the UK, but I'm not trying to play one against the other."

THE TIMES, LONDON

suffolk009

5,429 posts

166 months

Tuesday 18th July 2017
quotequote all
Part of Silverstone's problem would appear to be their advertising spend.

Whilst the banner ads here on PH for the British GP may have been money well spent - to still be spending on the banner ads after the event is clearly stupid.

robinessex

11,062 posts

182 months

Tuesday 18th July 2017
quotequote all
While idly wandering around Google maps, I spotted this motor racing circuit 'down south'. I wonder if they would like to hold the British GP there sometime in the future?


p1stonhead

25,567 posts

168 months

Tuesday 18th July 2017
quotequote all
robinessex said:
While idly wandering around Google maps, I spotted this motor racing circuit 'down south'. I wonder if they would like to hold the British GP there sometime in the future?

No way Brands Hatch could handle the GP. Its way too small.


robinessex

11,062 posts

182 months

Tuesday 18th July 2017
quotequote all
p1stonhead said:
robinessex said:
While idly wandering around Google maps, I spotted this motor racing circuit 'down south'. I wonder if they would like to hold the British GP there sometime in the future?

No way Brands Hatch could handle the GP. Its way too small.
Seems to have lots of green fields around it. Get the bulldozers out.

thegreenhell

15,403 posts

220 months

Tuesday 18th July 2017
quotequote all
robinessex said:
Seems to have lots of green fields around it. Get the bulldozers out.
The first thing they'd need to bulldoze would be the housing estate next to the track, and all the moaning NIMBYS who live there.

robinessex

11,062 posts

182 months

Tuesday 18th July 2017
quotequote all
thegreenhell said:
robinessex said:
Seems to have lots of green fields around it. Get the bulldozers out.
The first thing they'd need to bulldoze would be the housing estate next to the track, and all the moaning NIMBYS who live there.
Agree. Once had a very 'interesting' chat, whilst marshaling on the long circuit, with one of the neighbours. Couldn't undertsand the question, 'why did you bloody move here then.?

born2bslow

1,674 posts

135 months

Tuesday 18th July 2017
quotequote all
While it's sad that Silverstone felt this was necessary I can't help feeling that it's a consequence of being poorly run. You have hundreds of exceptionally wealthy and successful people involved at Silverstone, turn up at any open pit lane track day and witness the multitude of exotic car owners and people with enough disposable to buy a Ginetta race car or similar as toy, money to burn up in race fuel...

Now either these guys could empty out their sofas and help Silverstone out (I mean less than £5m loss last year vs the millions in motorsport team funding that flows through there makes it seem like a drop in the ocean if spread thinly enough across interested parties) not my preferred option I hasten to add, or they could use their collective smarts/business acumen to find a way for the event/circuit to make more money and break even at least, thus helping to preserve the future existence of their playground for expensive toys...

Edited by born2bslow on Tuesday 18th July 11:29

chris285

811 posts

133 months

Tuesday 18th July 2017
quotequote all
I think to answer the times article on the number of fans and still making a loss compared to other venues, i think this likely comes back to silverstone not being government backed while quite a few others are and i think this is probably at least part of the expectation

Dr Z

3,396 posts

172 months

Tuesday 18th July 2017
quotequote all
FourWheelDrift said:
p1stonhead said:
My idea 5th post page 1, I claim the fee smile

Motorsport week said:
"The founders of London GP have been developing plans to host a Formula One race on the Queen Elizabeth Olympic Park for over 12 months," read a statement
Now they say it.
hehe

p1stonhead said:
robinessex said:
While idly wandering around Google maps, I spotted this motor racing circuit 'down south'. I wonder if they would like to hold the British GP there sometime in the future?

No way Brands Hatch could handle the GP. Its way too small.
As much as I'd love it to be at Brands, as I'm only half an hour away, I have to agree. Fantastic place to spectate though and you feel much closer to the action.

Evangelion

7,734 posts

179 months

Tuesday 18th July 2017
quotequote all
Whilst I absolutely love the Crystal Palace circuit and have spent many happy hours (hundreds probably!) racing round it in Grand Prix Legends, the sad facts are that:

A: It's so small it's a bit like racing round your back garden.

B: Only a small part of it is still in existence.

Vaud

50,597 posts

156 months

Tuesday 18th July 2017
quotequote all
p1stonhead said:
There is one critical thing that counts against Silverstone. Actually there are quite a few, but if you take the fundamental that Liberty want to make them week long festivals, then having very good public transport to a large stadium would place you at a significant advantage in bidding.

Music, race, side events and a closing concert...

p1stonhead

25,567 posts

168 months

Tuesday 18th July 2017
quotequote all
Vaud said:
p1stonhead said:
There is one critical thing that counts against Silverstone. Actually there are quite a few, but if you take the fundamental that Liberty want to make them week long festivals, then having very good public transport to a large stadium would place you at a significant advantage in bidding.

Music, race, side events and a closing concert...
But shutting down a section of London for a whole week? Thats a bit of a nightmare surely.

Vaud

50,597 posts

156 months

Tuesday 18th July 2017
quotequote all
p1stonhead said:
But shutting down a section of London for a whole week? Thats a bit of a nightmare surely.
Sure, but how much of the Olympic park area would need to be impacted, especially if they ran the race through the stadium?

It's not like shutting down central London?

aeropilot

34,666 posts

228 months

Tuesday 18th July 2017
quotequote all
Vaud said:
p1stonhead said:
There is one critical thing that counts against Silverstone. Actually there are quite a few, but if you take the fundamental that Liberty want to make them week long festivals, then having very good public transport to a large stadium would place you at a significant advantage in bidding.

Music, race, side events and a closing concert...
Funnily enough, this supposedly the reason for moving the World Rallycross away from Lydden Hill to Silverstone......so its part of some sort of festival bks.... frown
I (and most others I would imagine) want to drive to circuit - watch event - drive home again. Its called motorsport, not bleedin X-Factor.....


Vaud

50,597 posts

156 months

Tuesday 18th July 2017
quotequote all
aeropilot said:
Funnily enough, this supposedly the reason for moving the World Rallycross away from Lydden Hill to Silverstone......so its part of some sort of festival bks.... frown
I (and most others I would imagine) want to drive to circuit - watch event - drive home again. Its called motorsport, not bleedin X-Factor.....
COTA seems to work well?

I'd quite like it. Long weekend in London. Plenty for kids to do. More hotel choice. Easy to get to and out from. Can have a few beers...

Try getting to Silverstone from almost any major city without driving.

That and I think Silverstone is a poor circuit and a poor fan experience, and is massively over rated.