BRDC dismisses reports of Silverstone dropping British GP


Reports earlier this week suggested that the BRDC had decided to back out of its contract to host the British GP at Silverstone after 2019.

The venue's owners have discounted the rumors and labeled them as "speculative and wrong", adding that the decision to exercise or not a clause in their contract with FOM to cease hosting the race shall be rendered sometime over the next six months.

"Our objective is to preserve the British Grand Prix at Silverstone for many years to come but, of course, we can only do this if it makes economic sense," said BRDC Chairman John Grant.

"As I have said before, we will be considering over the next six months if we should give notice of our intention to exercise the break clause in our Grand Prix contract at the end of 2019.

"No decision has been made, or will be made, until mid July. In the meantime, we will be using this period to explore with all interested parties, hopefully in private, various ways in which we might work out a more sustainable proposition".

GALLERY: F1 drivers' wives and girlfriends

Keep up to date with all the F1 news via Facebook and Twitter