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Ecclestone and Silverstone

I see Bernie has being having a go at Silverstone and its owners, the BRDC again. Apparently, he is fed up with the BRDC never managing to fulfill its promises regarding redevelopment of the circuit.

Damon Hill

Damon Hill, president of the BRDC

As usual, the problem is funding the work necessary to bring Silverstone up to modern standards for F1 tracks. Noises are made about the possibility of government assistance but this is the UK we’re talking about – since when did a British government donate public money to a project as popular as keeping the British Grand Prix?

F1 Fanatic has an interesting proposal that might ensure Silverstone’s survival: that Bernie himself buy the track and spend a few of his many millions in bringing it up to date. Since Bernie has already invested in the Turkish Grand Prix circuit (and thereby ensured its existence for years to come), it seems reasonable that he should do the same for a circuit as loved and historic as Silverstone.

Now there would be a marriage made in the corridors of power, if not in heaven – the two Stones coming together in a union of bliss for the foreseeable future. But it’s the Silver that might get in the way; Bernie did not become rich by investing in lost causes and I’m not at all sure he would be interested in throwing his loot at such a big project as Silverstone. The Turkish circuit is almost brand new and does not need much cash to keep it up to par; Silverstone needs several fortunes to turn it into the glitzy venue that Bernie wants.

Yeah, I tried very hard to get in a quip about Eccles cakes but failed – see if you can do better…

So it remains to be seen whether Silverstone will survive yet again through its annual crisis. But there is one point in all this that I have not seen mentioned yet. Amongst all the cheers for Bernie’s purchase of the Turkish circuit, I detected no pondering upon the matter of a conflict of interests. Surely that must occur if the man who says yes or no to prospective GPs also owns one or two of them? How likely is he to cut out his own GP if it fails to come up to spec? And are not other circuit owners entitled to query his impartiality as a result?

It is not that I think Bernie would do anything underhand or that I want to see the future of some circuits threatened because they can’t get funding from Bernie. I am just interested and wondering why the matter has not been raised before. Call me awkward or a pot-stirrer – that would fit well enough.

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