Brit GP still endangered
8 September 2005 –
He said the rise of Turkey, Malaysia, Bahrain and China - all backed by their governments - is driving up the cost of hosting a grand prix.
Britain has waged a constant battle to win similar government funds, but the race is solely promoted by the British Racing Drivers' Club, and still lacking in terms of F1 circuit facilities. "The race is becoming too expensive for the private sector to bear alone," he warned in the Telegraph newspaper.
Team boss Sir Frank Williams backs up the view by saying that the government's outlook on a British motor industry 'awash with cash' is 'mistaken.'