Tuesday 28 April 2015

Silverstone MD wants a Grand Prix circuit association

(Mercedes AMG PETRONAS F1 Team)

Managing Director of the Silverstone circuit Patrick Allen believes that the Formula One race promoters should come together to form an Grand Prix Circuit Association as way for them to help each other.

The German Grand Prix has been taken off the calendar for this season and the Italian Grand Prix at the Monza circuit which has year left on its current contract is under serious threat according to Formula One commercial rights holder Bernie Ecclestone. The French Grand Prix was also dropped from the Formula One calendar in 2008.

One of the main problems is the fact that a number of the Grand Prix are government run and this is not the case with the British Grand Prix in Silverstone. Allen feel that the organisers should come together as it would give a better stand point to negotiate their Grand Prix contracts from with the commercial rights holder.

If the race organisers came together and were able to negotiate the price of hosting Grand Prix down they would then be able to reduce the price of tickets for fans which would increase the foot-fall through the turnstiles which in turn would increase the revenue at each circuit.

© Ben Johnston 2015

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