I am a bit dissapointed by being bombarded here. The problem with british circuit are debts due to renovation of the track. I bet the backroungd of this story is problem with payments of loans. They never got all of the money out of their bag, we all know we live in economy that works by loans. In 08 crisis emerged on that account. They did sold out the event (f1 race), but they had to considerably lower the prices of tickets with unchanged fee to Ecclestone.
First link (which proves they still need to pay off the debts of renovation):
http://www.skysports.com/f1/news/12040/ ... o-a-report
The hosting fee alone is 24 million dollars, from which in best case scenario they raised arround 11.5 million pounds with ticket sales (no sponsors are included). We have a deficit here. Every year maintence work has to be done, which also costs money. The directors compaint about f1 is especially in the direction the modern f1 is. 15 years ago, grandstands were full, even with much more expensive tickets.
Link:
http://www.telegraph.co.uk/sport/motors ... to-99.html
The track itself is near to be sold.
Hope i proved something, especially to those 2, that were unable to give a reasonable comment and rather bombed my comment. Aparently some people have excepted the new f1, for me personally what is happening in the last decade is a crime.
