Donington owners look to future 07/01/2010
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Donington Park’s owners say they are planning to reopen the circuit as soon as possible despite missing out on the British Grand Prix.
The track was granted a 17-year contract to stage the race but lost it to Silverstone after the leaseholders failed to raise the funds for redevelopment.
Donington Ventures Leisure Limited went into administration in November and with no one else coming forward to buy the lease, control of the circuit has returned to the owning Wheatcroft family.
Kevin Wheatcroft, son of former circuit boss Tom Wheatcroft, who died last year, told the Derby Telegraph: “I can reassure people we are doing everything we can to get things back to normal at Donington Park.
“It has been a very difficult time for the whole family, especially with the death of my father being played out against the problems at the circuit.
“We were given back the keys to the circuit and immediately started to work out what happens next. The first thing has been to try to save as many jobs as possible. As of this week, we have reopened the museum and cafe and race control office.
“We have been assessing what is required to put things back as they were. We reckon this will cost in the region of about £600,000, but to get it up to grand prix standard you could add a couple of zeroes.
“We want to get the place operational again. Hopefully we can get up and running again as soon as possible.”
But he added that the Wheatcrofts were still looking for someone to buy the lease and run the circuit in the long term.
“It’s too big a job for us and we want to identify someone who can take it forward,” he continued. “There are no shortage of people interested and we have found 12 potential buyers for the lease in just 12 days.”
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