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Silverstone Owners BRDC Dismiss Reports Circuit Would Drop F1 Grand Prix After 2019

Silverstone's owners have dismissed as "speculative and wrong" recent media reports suggesting the British F1 Grand Prix "would be dropped after 2019," according to Alan Baldwin of REUTERS. The British Racing Drivers' Club said in a statement on Friday that "no decision on exercising a break clause would be made before mid-July, when the race is held." BRDC Chair John Grant: "Our objective is to preserve the British Grand Prix at Silverstone for many years to come but, of course, we can only do this if it makes economic sense. We will be considering over the next six months if we should give notice of our intention to exercise the break clause in our Grand Prix contract at the end of 2019. No decision has been made, or will be made, until mid-July." Grant said the BRDC would be using the time until then "to explore with all interested parties, hopefully in private, various ways in which we might work out a more sustainable proposition" (REUTERS, 1/20). SKY SPORTS' William Esler reported newspapers claimed earlier this week that the circuit "would exercise a clause in their Formula 1 contract to cease hosting the race after 2019." A report in The Sun quoted a source as saying "they will definitely drop the grand prix" (SKY SPORTS, 1/21).

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