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8:25pm Friday 4th July 2008
The British Grand Prix has been saved - but its new home is to be Donington Park from 2010 and not Silverstone.
Formula One supremo Bernie Ecclestone dropped his bombshell at the Northamptonshire circuit that will now stage its final race next year after being a permanent fixture since 1987.
Ecclestone, president of Formula One Management, said: "Finally the uncertainty is over. A contract has been signed with Donington Park and the future of the British Grand prix is now secure."
The news will come as a bitter blow for the British Racing Drivers' Club, who own Silverstone as they have long been in detailed talks with Ecclestone with regard a new deal.
Ecclestone has continually expressed unhappiness at the facilities at the track, which in many people's eyes is far from the worst on the calendar.
But the 77-year-old has made it plain over the years the circuit was in need of drastic improvement, otherwise it would be axed.
"We wanted a world class venue for Formula One in Britain, something the teams and British F1 fans could be proud of," added Ecclestone. "The major development plans for Donington will give us exactly that. A venue that will put British motor sport back on the map.
"I am sorry we could not have helped Silverstone to raise the money to carry out the circuit improvements and run Formula One."
BLUEBIRD will power its way across Coniston Water once more if a public consultation into changing the lake’s by-laws is favourably received, reports Matthew Taylor.
An award-winning Lake District baker is putting together a rescue package for the bakery he closed down last week.
KENDAL Mountain Festival is in full swing after the event kicked off with a string of films and lectures at venues across the town.
Although the recession has, “technically,” only just begun, most businesses have been noticing a slowdown in the economy for months. A few have been experiencing it for more than a year!
Without wishing to sound a gloomy note in this era of credit crunch and climate change, have you noticed that we appear to be doomed? We’re not really taking this climate change thing at all seriously, are we? A recent experience in Windermere made me realise that sustainability, local and sourcing are just empty words in a dictionary.
REPRESENTATIVES from more than 250 businesses visited the first-ever South Lakeland Business 2 Business Exhibition, making the event a big success.
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