4 June 2024
Qatar denies Silverstone lease reports
There have been no negociations
Reports that Qatar is the likely buyer of the $400m lease of British grand prix venue Silverstone have been denied.
A British newspaper this week said the Arab emirate’s sovereign wealth fund is in exclusive talks for the 150-year lease with track owner The British Racing Drivers’ Club.
But the Gulf Times said the Qatar Investment Authority rejected the "authenticity of press reports ... that it is a close to a deal" over Silverstone.
And an official source told the Qatar News Agency that there are "no relevant negotiations, currently nor in the past, in this respect".
Search
Formula 1 news
4 June 2024
Ferrari in ’discussions’ with Formula E
4 June 2024
Red Bull set to announce new one-plus-one Perez deal
4 June 2024
Long-term success written into new contract - Albon
3 June 2024