Mansell in plan to save British Grand Prix

Nigel Mansell launched a campaign to save the British Grand Prix yesterday but his fellow former world champion, Sir Jackie Stewart, insisted that the situation had not changed materially despite this and fresh Government initiatives.

Mansell, the entrepreneur Kim Cockburn, a former touring car racer Robb Gravett and the photographer David Phipps are running their rescue plan under the aegis of Brand Synergy Limited. It will mean them paying the British Racing Drivers Club to take over the promotional rights to the race.

"For drivers, Silverstone is one of the best circuits in the world," Mansell said, "but some of the facilities are not as good as those at new, government-funded circuits like Shanghai. We are going to rectify this."

Mansell and Cockburn claim to have the backing of "a major British development company," that has agreed to assist BSL and the BRDC.

"I have been talking to Kim Cockburn about this for a long time," Bernie Ecclestone said, "and am confident that Brand Synergy can get the job done." Cockburn said: "There is a deal on the boardroom table of the BRDC that is good for them, good for the fans and good for the long-term future of motorsport in this country."

She added: "I have agreed with Bernie to sign a seven-year licence and am confident that Silverstone will appear on the calendar for 2005 and the foreseeable future."

So far, however, the BRDC say they have not even discussed the issue of money with BSL. Meanwhile, Government sanction has enabled the East Midlands Development Agency to offer allowances for parties stepping forward to help fund the race.

"We have heard from Government with some optimism over these allowances," Stewart, president of the BRDC, said yesterday, "but there is nothing else so far that will top-up the pot and close the deficit significantly. Things have not materially moved at all.

"With the Retail Price Index running below two per cent and a compound interest escalator of 10 per cent in the deal the effect would be to double the $15.8m [£8.8m] asking price over the term of the seven-year contract that Bernie Ecclestone wants. In all conscience we could not consider that."

The race will almost certainly be on the official 2005 F1 calendar to be released by the Fia next week, but only provisionally, pending resolution of the financial troubles. The Canadian and French races faced a similar situation this season.

"From the drivers' point of view it's disappointing, because your home grand prix is very, very special," BAR's Jenson Button said in Suzuka. "I have loved F1 for many years, as a youngster the one race I used to watch was the British Grand Prix. It would be devastating if there was no grand prix in Britain next year. Silverstone is a great circuit. If it isn't on the calendar we would lose a good race."

Michael Schumacher said: "I wouldn't want to comment on something that has such a long way to go but it would be a shame. The circuit is a great challenge and there is a lot of support in England - motorsport has a great tradition there."

The official announcement of an 11th F1 team is expected tomorrow. The Dallara marque will return in a team funded by Canadian domiciled Russian steel baron Alex Shafer. They will test in 2005 and race in 2006

PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
Arts and Entertainment
Sheeran arrives at the 56th annual Grammy Awards earlier this year
musicYes, that would be Ed Sheeran, according to the BBC
Arts and Entertainment
AKB48 perform during one of their daily concerts at Tokyo’s Akihabara theatre
musicJapan's AKB48 are one of the world’s most-successful pop acts
News
Ian Thorpe has thanked his supporters after the athlete said in an interview that he is gay
people
News
The headstone of jazz great Miles Davis at Woodlawn Cemetery in New York
news
Arts and Entertainment
Brendan O'Carroll has brought out his female alter-ego Agnes Brown for Mrs Brown's Boys D'Movie
filmComedy holds its place at top of the UK box office
News
newsBear sweltering in zoo that reaches temperatures of 40 degrees
Arts and Entertainment
Professor Kathy Willis will showcase plants from the Royal Botanic Gardens at Kew
radioPlants: From Roots to Riches has been two years in the making
Arts and Entertainment
TV The follow-up documentary that has got locals worried
Arts and Entertainment
Eminem's daughter Hailie has graduated from high school
music
Arts and Entertainment
Original Netflix series such as Orange Is The New Black are to benefit from a 'substantial' increase in investment
TVHoax announcement had caused outrage
Life and Style
Swimsuit, £245, by Agent Provocateur
fashion

Diving in at the deep end is no excuse for shirking the style stakes

News
One Direction star Harry Styles who says he has no plans to follow his pal Cara Delevingne down the catwalk.
peopleManagement confirms rumours singer is going it alone are false
Caption competition
Caption competition
Have you tried new the Independent Digital Edition apps?
Daily World Cup Quiz
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Career Services

Day In a Page

Super Mario crushes the Messi dream as Germany win the 2014 World Cup in Brazil

Super Mario crushes the Messi dream

Germany win the 2014 World Cup in Brazil
Saharan remains may be evidence of the first race war, 13,000 years ago

The first race war, 13,000 years ago?

Saharan remains may be evidence of oldest large-scale armed conflict
Scientists find early warning system for Alzheimer’s

Scientists find early warning system for Alzheimer’s

Researchers hope eye tests can spot ‘biomarkers’ of the disease
Sex, controversy and schoolgirl schtick

Meet Japan's AKB48

Pop, sex and schoolgirl schtick make for controversial success
In pictures: Breathtaking results of this weekend's 'supermoon'

Weekend's 'supermoon' in pictures

The moon appeared bigger and brighter at the weekend
Iraq crisis: How Saudi Arabia helped Isis take over the north of the country

How Saudi Arabia helped Isis take over northern Iraq

A speech by an ex-MI6 boss hints at a plan going back over a decade. In some areas, being Shia is akin to being a Jew in Nazi Germany, says Patrick Cockburn
The evolution of Andy Serkis: First Gollum, then King Kong - now the actor is swinging through the trees in Dawn of the Planet of the Apes

The evolution of Andy Serkis

First Gollum, then King Kong - now the actor is swinging through the trees in Dawn of the Planet of the Apes
You thought 'Benefits Street' was controversial: Follow-up documentary 'Immigrant Street' has got locals worried

You thought 'Benefits Street' was controversial...

Follow-up documentary 'Immigrant Street' has got locals worried
Refugee children from Central America let down by Washington's high ideals

Refugee children let down by Washington's high ideals

Democrats and Republicans refuse to set aside their differences to cope with the influx of desperate Central Americas, says Rupert Cornwell
Children's books are too white, says Laureate

Children's books are too white, says Laureate

Malorie Blackman appeals for a better ethnic mix of authors and characters and the illustrator Quentin Blake comes to the rescue
Blackest is the new black: Scientists have developed a material so dark that you can't see it...

Blackest is the new black

Scientists have developed a material so dark that you can't see it...
Matthew Barzun: America's diplomatic dude

Matthew Barzun: America's diplomatic dude

The US Ambassador to London holds 'jeans and beer' gigs at his official residence – it's all part of the job, he tells Chris Green
Meet the Quantified Selfers: From heart rates to happiness, there is little this fast-growing, self-tracking community won't monitor

Meet the 'Quantified Selfers'

From heart rates to happiness, there is little this fast-growing, self-tracking community won't monitor
Madani Younis: Five-star reviews are just the opening act for British theatre's first non-white artistic director

Five-star reviews are just the opening act for British theatre's first non-white artistic director

Madani Younis wants the neighbourhood to follow his work as closely as his audiences do
Mrs Brown and her boys: are they having a laugh?

Mrs Brown and her boys: are they having a laugh?

When it comes to national stereotyping, the Irish – among others – know it can pay to play up to outsiders' expectations, says DJ Taylor