Oct.20 (GMM) Donington is refusing to give up on becoming the new host of the British grand prix.
With Friday's final contract deadline looming and the venue's funding scheme given a poor credit rating, the circuit has lined up Sir Rodney Walker as a high-profile addition to its management team.British media reports interpreted the move as a bid to woo investors, with the Daily Telegraph claiming that one potential investor questioned the credibility of the existing leadership, fronted by Simon Gillett."His lack of experience in financial circles has hampered his chances of raising funds," said the newspaper.Walker is currently chairman of snooker's world governing body but has previously been involved with Donington and Brands Hatch, as well as Wembley stadium and the Manchester Commonwealth Games.
