F1 | Liberty Media hit by BRDC decision on British Grand Prix

Through a spokesperson, Liberty Media commented on the latest news relating to the British Grand Prix, underlining how the clause in the contract activated by the BRDC was completely unexpected and above all unexpected. The body, we remember, fully manages the circuit located in Northamptonshire and every year is committed to organizing the British Grand Prix.

According to what was reported in the official press release published yesterday, Silverstone will say goodbye to Formula One from 2019 due to the excessive costs of managing the event.

A real blow to the accounts of the English track, especially after the latest agreement signed with Ecclestone management. Precisely in this sense the exit clause would have been activated and if there is no news within a few months, Great Britain, a historic event on the calendar, will say goodbye to Formula One starting next year.

Liberty Media has confirmed that it will do its utmost to safeguard one of the historic events of the world championship.

The US management has always stated that it wants to safeguard the European racing base, underlining how Formula One must necessarily save its "hard core", and precisely in this sense it will do its utmost to keep Silverstone within the world championship.

We will work towards a low-cost agreement, seeking a solution with the BRDC and with all the sponsors who collaborate in the realization of the weekend in the United Kingdom.

“Our aim is to preserve the Grand Prix in Great Britain”, declared a spokesperson for the organization on the negotiations currently underway with Liberty Media. “We will continue to negotiate with the developer in good faith and privately to reach a fair resolution for all parties.”