Silverstone in 2010

Fr0dders · 9 Dec 2009 at 18:11

Quelle Surprise

http://news.bbc.co.uk/sport1/hi/motorsport/formula_one/8397777.stm

http://forums.overclockers.co.uk/showthread.php?t=17893466

NathanE said:
My conspiracy theory:

Donny's owners got Bernie to agree the deal in principle and get a load of press. This allows Donny to get investment and loans very easily. Donny will go about its redevelopment. At the 11th hour Bernie will rule that the redevelopment is not good enough and then switch back to Silverstone. Meanwhile Donny has profitted from getting loads of investment, its owners are richer, Bernie is probably richer too, and no body is none the wiser.

We have a clairvoyant on the forum

Skeeter said:
In 2010 the race will either be at Silverstone or wont exist.

Scratch that. ClairvoyantS

Skeeter · 9 Dec 2009 at 20:29

I predict she dumps you.

Malt_Vinegar · 9 Dec 2009 at 21:16

lol....harsh!!

JRS · 10 Dec 2009 at 07:58

MrLOL said:
We have a clairvoyant on the forum

Some clairvoyant. He didn't predict, for instance, that Donny would hardly be able to find any funding whatsoever and be left with no track, no event to hold at the track at all anyway, and no leaseholder to operate a non-existent event at the now non-existent track. This whole saga has basically done just two things. One, it's given Silverstone and the BRDC exactly what they always wanted - a long term contract for the GP. Two, it's destroyed a perfectly good race circuit, and no-one should be happy about that.

arknor · 10 Dec 2009 at 08:33

how is it a 17year deal if

"There is also a clause in the contract that allows either side to end the contract after 10 years. "
surely realisticly its a 10year contract?

Over Clocker · 10 Dec 2009 at 13:51

arknor said:
how is it a 17year deal if

"There is also a clause in the contract that allows either side to end the contract after 10 years. "
surely realisticly its a 10year contract?

Not really - the terms of the contract will be valid for 17 years, unless either party want to end it. If it were a 10 year contract, the terms would HAVE to be agreed again after 10 years.

arknor · 10 Dec 2009 at 14:04

so bernie cant end the contract after 10 years and then say we need a new one with more profit?

Skeeter · 10 Dec 2009 at 19:34

arknor said:
so bernie cant end the contract after 10 years and then say we need a new one with more profit?

No. The contract is 17 years. If they end it after 10 it will be to go elsewhere or broker a better deal. Silverstone would have to agree to let Bernie end it after 10, and thats not going to happen unless they are getting something out of it.