John Grant

facebook_page
twitter_page

Last quote by John Grant

Looking back, the decision to sign this contract was made to preserve the British Grand Prix and ensure this great, historic race was not lost. This was the only deal on the table at the time and the decision was taken to keep the British Grand Prix alive. The reality is that for many years the British Grand Prix has made a net loss. Despite being the most popular weekend sporting event in the UK the net revenue we receive is not enough to cover the Grand Prix's share of our overhead costs, let alone turn a profit.feedback
share this quote
Jul 11 2017
The latest quote from John Grant is: “It is not financially viable for us to deliver the British Grand Prix under the terms of our current contract. We sustained losses of £2.8m in 2015 and £4.8m in 2016, and we expect to lose a similar amount this year. We have reached the tipping point where we can no longer let our passion for the sport rule our heads. It would not only risk the very future of Silverstone and the BRDC, but also the British motorsport community that depends on us.”. It comes from the Silverstone casts doubt over British Grand Prix by activating F1 break clause article. You’ll find on this page 3 articles with John Grant quoted on topics such as conclusion and break. John Grant has been quoted 5 times in 3 articles.
Automatically powered by Storyzy
Take our quote verification challenge and find out !

Quotes by John Grant

<
>
Quote Verifier
verify-icon
Check if the quote you read on social networks is authentic
facebook_page
twitter_page
This webpage has been created by a robot: errors and absent quotes cannot be totally avoided
 
Feedback×

Quote :

Mistake :

Comments :