In 2008, Bernie Ecclestone, head of Formula 1 at the time, said the race would leave Silverstone. Then in 2017, the British Racing Drivers’ Club, the owner of the track, activated what is called the break clause in its hosting agreement, which would allow the club to stop holding the race. After two years of talks, a new deal was struck with Formula 1 and its new owner, Liberty Media, which had replaced Ecclestone. Based on its most recent financial filing, Silverstone made £6.9 million in profit in 2021. “The members, the 820 or so racing drivers or former racing drivers,” he said, don’t take money out.

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Persons: Bernie Ecclestone, Ecclestone, Silverstone, Pringle, ”, don’t Organizations: Silverstone, British Racing Drivers ’, Liberty Media