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Originally Posted by gary_580
At the end of the day all the other established circuits pay the same amount and they make a profit. Why cant Silverstone? Its not as if Bernie hasnt helped. He contributed a large sum to the road changes
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Most circuits have some financial support from Governments, who are eager to get into the technology that comes with F1.
From a financial basis, it seems strange that there is no support. The local economy is set to loose a shed load of money
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The chief executive of South Northamptonshire Council, Rob Tinlin, said: "It is a huge disappointment for the area and it is a huge blow for the BRDC who have worked very hard to improve the circuit and keep the Grand Prix.
"It will have a big impact for the local economy as the race brings in £30m to the area each year."
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Surely pure economics should mean that the Government/Local Authority should help fill the £3m gap. The BRDC can not run an event at a loss, that threatens their financial security.
However, I do believe that we will have a GP next year. I think, like France, they will be re-instated. But if not - with most teams British based, can they not put pressure on Bernie?