Sorry Dreamers The Silverstone Race Track Is No Longer For Sale CarBuzz News Features New Cars Used Cars Sell My Car Shopping Tools Car Reviews Car Finder Compare Cars Best Cars Car Dealerships Used Car Reviews Car Advice Home News Sorry Dreamers The Silverstone Race Track Is No Longer For Sale

Sorry Dreamers The Silverstone Race Track Is No Longer For Sale

Feb. 28, 2017 1:40 PM ET by Jared Rosenholtz For Sale / Comments There go our dreams of owning a famous race track. The saga to see who would own the famous Silverstone race track has been an interesting one, but it seems to be wrapping up without much excitement. The UK-based Jaguar Land Rover Group seemed most likely to purchase the track, until Porsche blocked JLR's bid. While this was happening, the small company Ginetta was also vying for ownership. Then, to add even more to the story, a former F1 driver, Jonathan Palmer, father of current Renault F1 driver Jolyon Palmer, was also in the running to place a bid. According to a report by AutoSport, the current owner of Silverstone, British Racing Drivers Club, has decided not to sell the track at all. Earlier this year, BRDC was rumored to be considering breaking its contract to host the British Grand Prix. These rumors were fueled because the cost of hosting the F1 race were on the rise. With F1's new ownership, it seems like BRDC has changed its stance on the situation. BRDC chairman John Grant said "After further reflection and, in particular, completion of the sale of Formula 1 to Liberty Media, [the] Board has now decided to shelve discussions about a sale and continue on a go-it-alone basis." Grant went on to say that "While this is not without risk, we feel sufficient confidence in the improved prospects for our business to justify this change of direction." It appears that Silverstone will stay under its current ownership, at least for now. We are a bit sad because it is every car guy's dream to own their own race track, but we would settle for the occasional track day on the historic circuit.

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1 Photos Tags: #Jaguar News #Land Rover News #For Sale #Motorsport Jared Rosenholtz Editor-at-Large After graduating with an MBA, Jared pursued his love of cars by becoming an automotive journalist. An internship with CarBuzz grew into his current position as Editor At Large. Jared now spends most of his time evaluating new vehicles and chasing the latest news stories in the automotive industry. When he’s not attending Cars & Coffee events on the weekend, Jared loves to watch NFL football and cruise around with the top down in his German convertible. Contact Jared @Carsnbites @jar_rosenholtz LoginSign Up Home News Features Car Reviews Car Advice 2021 CarBuzz Awards New Cars Used Cars Future Cars Compare Cars Sell My Car Car Dealerships Buy Here Pay Here Used Car Reviews Popular Tags Cars # Video # TOP # Spy Shots # Reveal # Rumor # Auto Show # Supercar # Tuning # Car Culture # Industry News # Motorsport Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Make Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Car Type SUVs Crossovers Sedans Coupes Trucks Sports Cars Wagons Vans Hatchbacks Convertibles Small Cars Luxury Cars Electric Cars Hybrid Cars Future Cars By Price Up to $15K $15K - $25K $25K - $35K $35K - $45K $45K - $55K $55K - $75K $75K - $100K $100K - $200K $200K - $300K Above $300K Back To Top