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MotorSport Vision interested in Silverstone takeover

Published: 09 September 2016

Updated: 09 September 2016

The boss of MotorSport Vision, the firm which owns five UK race circuits including Brands Hatch and Cadwell Park, has expressed an interest in making a bid to add Silverstone to their portfolio.

The British Racing Drivers’ Club (BRDC), which currently owns the Northamptonshire track, are looking to sell a long term lease for the venue after it made a reported net loss £55.9 million over the last five years and have been in discussions with Jaguar Land Rover about a potential takeover bid. 

However, with the JLR talks thought to have stalled, MSV boss Jonathan Palmer has gone on record to say he’d be interested in making a bid for the venue, which currently hosts both the British rounds of MotoGP and Formula 1. 

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Speaking to the Telegraph, Palmer said: “We are definitely interested in making an offer for Silverstone and have a lot of confidence in our ability to bring a great deal of stability to it and a vision for the future.”

However, despite having informed the BRDC of his interest, Palmer is yet to be approached by the club to make a bid.

“The BRDC hasn’t approach me at all but I’ve told them that I certainly want the opportunity to be invited to put a deal forward,” he continued. “On a number of occasions I have said that MSV would be interested in running Silverstone.”

British businessman Lawrence Tomlinson, who owns car firm Ginetta, is also thought to be in talks with the BRDC about a potential takeover bid. 

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