MotorSport Vision joins race for Silverstone as JLR deal stalls

Monday, September 5th, 2016 - autos, cars, motoring, news

Source : MotorSport Vision joins race for Silverstone as JLR deal stalls

Silverstone former F1 racer along with owner of Motorsport Vision Jonathan Palmer says he wants to buy the largest British track

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former driver Formula 1 Jonathan Palmer said his company will Motorsport vision (MSV) to bid for Silverstone if invited to do so.

talking to Telegraph , the father of Renault F1 driver Jolyon Palmer said he hopes the owners of Silverstone, the club drivers British race (BRDC), will open the bidding of his company, the largest circle inside the UK company.

“We are certainly interested in producing an offer to Silverstone along with I have a lot of confidence in our ability to achieve a large measure of stability to the vision of the future,” he said

Palmer Telegraph.

“The BRDC have not approached me at all, however I’ve told them of which I definitely want a chance to be invited to put the agreement to move forward. On quite a few occasions, along with I’ve said of which MSV to be interested inside the operation of Silverstone.”

Palmer comments come just weeks after buy Jaguar Land Rover will be likely for the home British Grand Prix hit the barrier . Geller was a candidate for the front, however the deal reportedly £ 33 million can not be stopped after reaching an agreement with Porsche , which owns the command center within the grounds along with Silverstone.

, “Porsche incorporates a covenant inside the lease of which says any factory ring can be used for more than 45 days a year,” said a spokesman. “Geller were aware of of which covenant, along with presumably they may be able to sort of which out, following the completion of the deal.”

issue Geller along with Porsche centered around the fact of which the two brands are competing automobile manufacturers, however will MSV does not face such a problem because of which does not make cars.

experience MSV circuits run vast. The company operates 5 British tracks, including Oulton Park along with Brands Hatch, along with will be currently building 1263-acre auto complex for racing cars along with high-speed roads inside the leadership in Laon, France.

strong financial position MSV contrasts dramatically with of which of Silverstone, which has earned £ 55.9m worth of net losses during the past 5 years.

If MSV invited to buy the department, of which could face competition coming from Lawrence Tomlinson, a millionaire businessman along with the owner of racing outfit Team LNT.

issued

Tomlinson offer, which promised to “leave the BRDC with an advance of £ 6M speech, capital investment, not continuous lease of 1M debt responsibilities of £ 248 a year for another year (index-linked).”

has been one of the interested parties commented on the latest news at of which stage.

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Source: MotorSport Vision joins race for Silverstone as JLR deal stalls

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