Skip to main contentAccess keys helpA-Z index

[an error occurred while processing this directive]
watch listen BBC Sport BBC Sport
Low graphics|Help
---------------
---------------
CHOOSE A SPORT
RELATED BBC SITES
Last Updated: Friday, 21 April 2006, 08:51 GMT 09:51 UK
F1 boss cagey on British GP plan
F1 boss Bernie Ecclestone
Ecclestone's intentions in regard to Silverstone remain cloudy
Formula One boss Bernie Ecclestone has admitted he would be prepared to enter into a partnership with Silverstone to safeguard the British Grand Prix.

Ecclestone told BBC Sport he had agreed to ex-racing driver Harry Stiller's proposal of a "joint venture".

But he did not clarify what that meant and rejected co-promoting the race.

"Stiller asked: 'Could we have a joint venture?' I said: 'Yes, I'm happy to do something where we lose money together or make it together,'" Ecclestone said.

Stiller approached Ecclestone because he was opposed to the plan by Silverstone's owner the British Racing Drivers' Club to finance the redevelopment of the track by leasing it to a property developer for 150 years.

Whether I could be Silverstone's promoter or not is academic, I'm not going to be
Bernie Ecclestone
BRDC chairman Stuart Rolt has admitted the plan is so unpopular it has little chance of being accepted by members.

Stiller has come up with a new redevelopment proposal, which would guarantee the British GP for 10 years.

His idea is for the BRDC and Ecclestone would share the costs of upgrading the circuit and split the profits from gate money and sponsorship and advertising revenues but all the assets would be retained by the BRDC.

In typically enigmatic style, Ecclestone added that he had "no agreement with Harry Stiller. I'm not going to be a promoter.

"Whether I could be Silverstone's promoter or not is academic, I'm not going to be.

"Silverstone have a contract and it's very clear - they've known exactly what the conditions are for a very long time. My name gets linked to so many things that aren't true - another one doesn't make a lot of difference."

The BRDC and Ecclestone signed a contract last December, securing Silverstone's role as the host of the British Grand Prix until 2009.

The contract requires the track to undergo a multi-million-pound redevelopment to bring it up to contemporary F1 standards.




SEE ALSO
BRDC leaves Ecclestone door open
13 Apr 06 |  Formula One


RELATED BBC LINKS:

RELATED INTERNET LINKS:
The BBC is not responsible for the content of external internet sites


E-mail services | Sport on mobiles/PDAs

MMIX

Back to top

Sport Homepage | Football | Cricket | Rugby Union | Rugby League | Tennis | Golf | Motorsport | Boxing | Athletics | Snooker | Horse Racing | Cycling | Disability sport | Olympics 2012 | Sport Relief | Other sport...

BBC Sport Academy >> | BBC News >> | BBC Weather >>
About the BBC | News sources | Privacy & Cookies Policy | Contact us
banner watch listen bbc sport