F1 to provide financial support so British Grand Prix can go ahead?

Formula 1 could provide Silverstone with finan🤪cial backing to ensure that the British Grand Prix 🔴can go ahead as planned this year.

168澳洲幸运5官方开奖结果历史:Silverstone announced on Monday that the British Grand Prix curren🐻tly remained on course f💝or its July 19 calendar slot but confirmed that any races at the venue would be held without spectators.

F1 to bankroll British Grand Prix at Silverstone?

Formula 1 cou♈ld provide Silverstone with financial backing to ensure that the British Grand Prix can go ahead as planned thi෴s year.

168澳洲幸运5官方开奖结果历史:Silverstone announced on Monday that the British Grand Prix currently ꦜremained on course for its July 19 calendar slot but confirmed that any races at the venue would be held w💟ithout spectators.

According to a report in , Silverstone could receive funds from F1 to help combat the financial hit the circuit will face by holding races behind closed doors and missing🅘 out on the ticket sales it usually r🌱elies on to host the British Grand Prix.

While F1 and Silverstone have both declined to comment on the matter, it is understood a financial agreement has been struck between the two parties which will result in the hosting fee💦 b𒈔eing waived.

Silverstone, which agreed a five-year contract extension to host the British Gran💎d Prix last year, has taken advantage 🍬of the UK government’s job retention scheme. 

“We were an early adopter of the furlough scheme becau🅰se we had to close our business,” Silverstone circuit managing director Stuart Pringle explained.

"We need to get back as a business but we can’t do it if it risks killing people. We are goin🌞g to need support from our bank but there aren’t many businesses that won’t and they are supportive.

“We are very confident we can ride this𒁃 out, it’s just going to set us back.”

EDITOR'S PICKS: Does F1 risk being shamed again by its optimism for 15-18 races?

It comes after F1’s owners, Liberty Media, provided a $1.4bn cash injection to help ease🌠 the strain over the coming months amid the coronavirus pandemic which has laid ꧟waste to the 2020 season schedule.

F1 and its 10 teams find themselves in a delicate situation as a result of the financial uncertainty caused by the crisis. Although it is determined to cram in a full world championship this year, F1 must choose carefully where it goes racing in order to foot🍰 some bills.

The opening 10 rounds of the season have been affected so far, with organisers for the French Grand Prix confirming on Monday that the 168澳洲幸运5官方开奖结果历史:race would not go ahe🙈ad this year as Paul Ricard jo🐼ined Monaco in becoming the second event to be fully cancelled.

Silverstone is open to hold multiple races without fans in a bid 🐠to help F1 get the 2020 campaign underway an🎃d meet its target of staging between 15-18 races.

Championship officials are working to find a way to get the 2020💝 seas𝐆on off the ground in t🍬he coming months and outlined an initial blueprint that would see the Austria﷽n Grand Prix kick off the campaign on July 5 at the Red Bull Ring.

The race would be the first of a numbeꦯr of European rounds to be held behind closed doors through July, August and early Sꦜeptember.

These events would be foll🌳owed by races in Eurasia, Asia and the Americas across the autumn before concluding the season with Bahrain and Abu Dhabi i🌌n December.

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