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July 12th, 2016, 02:30 PM   #51
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Does that mean its stuck at bloody Silverstone? grrr bloody place
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July 12th, 2016, 04:46 PM   #52
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"For a clerical error to have been repeated time and again over a period of two years is quite extraordinary.

To say the least.
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July 13th, 2016, 03:09 AM   #53
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Does that mean its stuck at bloody Silverstone? grrr bloody place
Not really, Shiverstone has no interest in paying Dorna, They made that perfectly clear when they did not want to renew the contract in 2013 hence the COW getting the rights,
Unfortunately I see no british gp after the COW contract has run its course.
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July 13th, 2016, 06:49 AM   #54
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That's ridiculous what's wrong with Donington or Brands?
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July 13th, 2016, 07:09 AM   #55
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Firstly, neither will pay the money Dorna is asking to host a race. Also in the case of Brands, I very much doubt it would pass safety inspection. Paddock Hill Bend has nowhere near enough run off for MotoGP standards. Though I'd love to see them there.
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July 13th, 2016, 07:21 AM   #56
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Donington is a disgrace. It's put to shame by Cadwell park and my local kart track. The facilities are embarrassing
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July 13th, 2016, 09:00 AM   #57
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Originally Posted by lil red rocket pilot View Post
Not really, Shiverstone has no interest in paying Dorna, They made that perfectly clear when they did not want to renew the contract in 2013 hence the COW getting the rights,
Unfortunately I see no british gp after the COW contract has run its course.
But if COW is never to be, Silverstone will hold the cards against Dorna for a change and can negotiate their way instead of being bent over a stump. Dorna will have a race in the UK, bank on it.
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July 13th, 2016, 09:07 AM   #58
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But if COW is never to be, Silverstone will hold the cards against Dorna for a change and can negotiate their way instead of being bent over a stump. Dorna will have a race in the UK, bank on it.
Not if Dorna pulls a Bernie Ecclestone and decides to simply not run a race in the UK.
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July 13th, 2016, 10:59 AM   #59
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Just give up:

Quote:
Circuit of Wales has seen its latest funding application to commence building work denied by the Welsh Assembly, but Economic Secretary Ken Skates has laid out new terms of agreement which need to be met to give the project the green light.

The Circuit of Wales project leaders, the Head of the Valleys Development Company, had been seeking loans of 90 million from the local councils of Blaenau Gwent and Monmouthshire after having its initial funding plan – to get the Welsh Assembly to underwrite the entire project – was rejected in April.

The latest decision has been sparked by the current economic uncertainty caused by Brexit and the government sees the risk of the revised plan as 'unacceptable'. Skates is set to confirm the project is still welcomed by the Welsh Assembly but will need to meet new terms.

"Unfortunately, despite the efforts of the project backers, this leaves only around 17% of the risk being taken by the private sector," Skates said on BBC News. "My door remains firmly open and I have urged them to revise their bid in such a way where the private sector takes more of the risk in order for this project to be taken forward.”

In the new funding plans 50% of the finance needed to complete the construction will have to be raised privately while 50% of the underwriting will also need to come from the private sector.

The Circuit of Wales project is set to be financially backed by insurance giants Aviva and it is not yet know how these latest requirements will affect its commitment to the project.

The Circuit of Wales is targeting the creation of between 4,000-6,000 new jobs over the next ten years through commercial developments, planned business relocations and motorsport-related opportunities.

The venture secured a five-year deal with Dorna which began last year and had originally hoped to move the event to Ebbw Vale in 2017 but after interruptions in confirming financial backing MotoGP has been delayed by 12 months, with the Welsh circuit expected to take over hosting duties in 2018.

Silverstone will host this year's British MotoGP and is likely to be called upon for the 2017 race but this is yet to be confirmed by Dorna.
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July 13th, 2016, 12:07 PM   #60
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Not if Dorna pulls a Bernie Ecclestone and decides to simply not run a race in the UK.
I may be over estimating how popular GP is in the UK. I thought it was one of their top markets.
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