Jaguar Land Rover scraps plans to buy Silverstone race track


The Jaguar logo is pictured at a Jaguar Land Rover showroom in Mumbai February 13, 2013. REUTERS/Vivek Prakash/File Photo

LONDON (Reuters) - Carmaker Jaguar Land Rover said on Monday it was no longer seeking to buy or lease Silverstone in a blow to the owners of the British Grand Prix track which had been seeking ways to boost the site's finances.

In April, the British Racing Drivers' Club (BRDC) said it was in talks to lease the circuit's property to Jaguar Land Rover, which had been considering turning the site into a "heritage centre" to show off its luxury cars.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Others Also Read