Silverstone waiting in the wings

12 April 2012

Former Formula One world champion Damon Hill is keen for a resolution to be reached over a venue for next year's British Grand Prix.

Donington Park boss Simon Gillett was on Monday given a final two-week ultimatum by Bernie Ecclestone to sort out his financial issues or risk losing the British GP.

Hill, president of the British Racing Drivers' Club, who own Silverstone, told BBC Radio Five Live: "As things stand we are waiting in the wings and we would very much like to provide a venue for the British Grand Prix. We think we're the right place for it."

He added: "We're ready to go but as yet we have not seen a contract which is a sustainable, affordable contract.

"I'd like to see an end to the saga of 'is there going to be a British Grand Prix or not?'.

"I think it's about time we had a venue which can be developed to provide the best sort of facilities.

"We do lag behind some of the great stadiums we have in this country for football.

"We want to provide a really great venue for the fans but in order to do that we will need to have the kind of contract which provides enough scope to develop the facilities without too much risk to the company going bust."

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