Aug.27 (GMM) Rumours at Spa this weekend suggest British grand prix venue Silverstone will be leased to a private bidder.
The Independent newspaper said the Northamptonshire venue's owner the British Racing Drivers' Club is signing a 100-year lease with the unnamed bidder "for around $400m".The news ties in with the recent lodgement of plans to develop the area around the circuit with business and technology parks, a welcome centre, a motor sport museum, an education campus and three hotels.Managing director Richard Phillips said of the plans recently: "This is the most important initiative that Silverstone has taken in its 60-year history."Bernie Ecclestone, already in control at Paul Ricard and Turkey's Istanbul Park, has denied he is the buyer of the Silverstone lease.
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