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British Grand Prix saved
The British Grand Prix at Silverstone has been saved following a deal between Formula One teams, according to Autosport magazine. Nine of the 10 teams agreed to bear the cost of two extra races in a collective agreement to cut testing by 50 per cent, according to a report on www.autosport.com.
Ferrari, thought to be against a reduction in testing which is part of the agreement, were not represented at the meeting. F1 supremo Bernie Ecclestone said: "We've not got a contract with Silverstone yet, but I would be shattered and disappointed if we didn't get a deal." Ecclestone and the owners of Silverstone have been wrangling over the future of the 2005 race for several months. The nine teams who have made the agreement are said to have met Ecclestone at the Hilton Hotel near Heathrow airport on Tuesday. "We believe agreement was reached that removes any obvious obstacle for the British and French GPs to take place," said McLaren team principal Ron Dennis. The British Racing Drivers' Club, owners of Silverstone, have given the news a cautious welcome after being told Ecclestone's Formula One Management company had come to a deal with the nine team owners. A statement from the BRDC read: "The BRDC have not yet been officially informed of any proposal by FOM, but if there is a new proposal to safeguard the British Grand Prix in 2005 which makes financial sense for the sport, the industry, the club and especially the local economy, it will be seriously considered by the board of the BRDC." |
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