F1 - Donington in Administration

2009 - vilket år!

Donington in Administration

http://news.bbc.co.uk/2/hi/uk_news/england/leicestershire/8366581.stm

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The company which wanted to bring Formula one to Donington has gone into administration, the BBC understands.

Last month, Donington Ventures Leisure Limited lost a 17-year contract to stage the British Grand Prix after failing to get financial backing.

The firm's 40 full-time staff were called to meetings at the circuit earlier to be updated on the situation.

Part of the track was dug up before the deal fell through and at the moment it is unusable.

At the end of october, Donington Ventures Leisure Limited failed to raise £135m from a bond issue to upgrade facilities.

It is still not clear whether a deal can be done for the Silverstone track in Northamptonshire, which has hosted recent British Grands Prix, to stage next season's event.

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