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Formula 1

Donington’s F1 hopes fade

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According to reports from BBC, Donington Park‘s hopes of hosting the British Grand Prix for 2010 look to be over after the latest fund-raising attempts failed.

Earlier this month a bond was issued to try to raise £135m, it seems though that these measures have fallen through with the bonds now being withdrawn.

There has been no comment from Simon Gillett or Donington Ventures Leisure Ltd, the company that operates the circuit, but they have faced legal and planning problems since being given the reigns to the British Grand Prix.

Keep a look out on TCF for further news.

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Joanna is a regular contributor to TCF
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