Jaguar Land Rover decides against Silverstone buyout
Has ended talks with the BRDC, with no plans of renewing them in the foreseeable future
Jaguar Land Rover, the company that was vying for ownership of the Silverstone Circuit, has decided against the move.
While the news that JLR was interested in procuring Silverstone broke last December, the British Racing Drivers Club (BRDC) granted the company exclusive negotiations earlier this year. A long-term lease of the circuit was being considered, that would reportedly cost JLR a sum of 33 million GBP....