Page last updated at 09:22 GMT, Thursday, 27 May 2010 10:22 UK

Donington sets date for reopening race

Donington Park
The track lost its licence to hold races after construction was suspended

Racing could return to the Donington Park race track by the autumn after a deal was signed to restore the circuit.

The venue had been in line to host the British Formula 1 Grand Prix but funding problems meant the project collapsed with construction incomplete.

Owner Kevin Wheatcroft has confirmed a 25-year lease had been signed with the Adroit Group and £2m of investment is expected this year.

Adroit has said it is aiming for racing to restart on 4 September.

Bosses said the priority was to regain the circuit's FIA grade-two licence which lapsed when the previous leaseholder went into administration.

Dunlop bridge

Steve Whatton, operations manager for the Adroit Group, said: "There will be an opening event at the circuit on 1st September but this is obviously subject to the Motorsports Association approving our work.

"The first event would be on the 3rd, 4th and 5th of September, which is historic Formula 1 cars, which would be quite poignant in the light of what has happened over the past few months."

The company, which primarily deals in construction and property investment, said not only would the track need repairing but the buildings and facilities would have to be upgraded.

The landmark Dunlop bridge, a giant half-tyre which spanned the track, will also be reinstated but at a short distance from the main area.

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