LONDON: The British Formula One Grand Prix was thrown a lifeline after the warring factions at Donington Park, scheduled to host the race for 10 years from 2010, reached an out-of-court settlement.
The site’s owners, Wheatcroft and Son Ltd, took legal action against the race promoters, Donington Ventures Leisure Ltd (DVLL) in April over £2.47mil (US$3.96mil) in unpaid rent and the case was due to be heard next Monday.
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