Fuel prices are expected to rise over the coming months. Oil production cuts are beginning to be felt in the market but China is buying more and wholesale prices have been rising since New Year. Donington Park has been leased by MotorSport Vision, headed by Jonathan Palmer. He already controls Brands Hatch, Oulton Park, Snetterton, Cadwell Park and Bedford Autodrome and is expanding into … [Read more...]
Silverstone sale is back on the grid
Silverstone is back on the market. JLR has pulled out of the proposed purchase of the F1 venue to use it as an engineering base and another bid by millionaire Ginetta owner Lawrence Tomlinson has also lapsed. Reports say that Porsche, which has base at the track, holds a covenant which would stop another car maker using the facility for more than 45 days a year. The name of Jonathan … [Read more...]