We have been expecting this for some time now, but it looks like Donington have not been able to raise the required cash to keep Bernie Ecclestone happy that the Grand Prix will be ready and to the standard required, it is understood £130m was the figure needed to be raised. Rather than Bernie stating that Silverstone will host the Grand Prix instead, something he has been saying for some time, he has stated that Formula One does not need a grand prix. This is utter nonsense, from a business point maybe in the sort turn, but from a long term commercial view and erspect fron its fans, he is just out of his mind.
Of course it could be that Bernie just wants to scare Silverstone into believing that the it is not just a guaranteed date now and there is still improvements that need to be made.
With F1 ar fever pitch in the UK due to back to back UK championship wins and both Jenson and Lewis in good form to do it again next year, not having a British Grand Prix would be disastorous for the UK and even for the sport even if certain individuals dont believe it at this time.
