07-11-2016 20:18 via uk.news.yahoo.com

BRDC in talks with investor for Silverstone circuit after JLR pulls out

(Reuters) - Owners of the British Grand Prix track said it had granted exclusivity to an overseas investor on future investment in the Silverstone Circuit, after talks with carmaker Jaguar Land Rover (JLR) were terminated. In April, the British Racing Drivers' Club (BRDC) said it was in talks to lease the circuit's property to JLR, which had been considering turning the site into a "heritage centre" to show off its luxury cars. BRDC said it could not disclose the identity of the investor due to
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