Bernie Ecclestone has given Donington Park until the end of September to secure the funding needed to host next year's British Formula One Grand Prix or risk losing it. Donington is due to replace Silverstone as the venue for the British Grand Prix in 2010 and circuit operators have promised to invest 100 million pounds ($165.6 million) on revamping the circuit over a five-year period.
The future of the British Formula One Grand Prix was thrown into doubt on Thursday when legal proceedings were issued by the owners of Donington Park, the race's venue from 2010, against the circuit's operators.
Britain could be without a grand prix in 2010 if Donington Park is not up to scratch in time, Formula One supremo Bernie Ecclestone said Tuesday.
The Indian racing sensation will participate in the British Formula three Championship series this year.
Australian MotoGP world champion Casey Stoner romped to his second win in a week at the Dutch Grand Prix while Spain's Dani Pedrosa seized the overall lead from Valentino Rossi. Ducati's Stoner was again in a race of his own at the Assen circuit as he powered from pole position to his third victory of the season. Pedrosa was second on a Honda, 11.310 seconds behind, to leapfrog Rossi in the overall standings after the Italian fell on the opening lap.
The Indian Formula 3 driver had a poor outing in two races at the Donington Park Circuit.
The Indian racing ace placed second and third respectively in rounds 3 and 4 of the British F3 championship.
The 17-year-old, who smashed at speed into the back of another car that had halted on the track, was trapped in the wreckage for more than 90 minutes before being extricated and flown to hospital.
Formula E founder Alejandro Agag reckons both his electric series and Formula One have a 50-50 chance of getting races run due to the coronavirus pandemic that has stalled both championships. The Spaniard, whose city-based series started last November and completed five races before the virus forced it off the streets, said it was unclear how much was going to be possible as restrictions eased.
Formula One's 83-year-old commercial supremo Bernie Ecclestone said in May that an agreement had been signed for a street race in the Azeri capital, on the shores of the Caspian sea, next year.
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