Donington Park set for new investment 27/05/2010 |
|
| |
| |
Donington Park owner Kevin Wheatcroft has reached an agreement in principle for Worcestershire-based Adroit Group to run the circuit on a 25-year lease.
The future of the venue had been in doubt after previous leaseholder Donington Ventures Leisure Limited went into administration last year having failed to raise the necessary funds to bring Formula 1 to the East Midlands track.
But if the Adroit deal is finalised, the company is set to spend £2m on the circuit in a bid to win back its FIA grade two licence that will again allow it to host motorsport.
Wheatcroft said: "We are particularly pleased that after a long interview process we feel we have found the right people to move Donington forward into a new and exciting future.
"Adroit impressed us from the first time we met them and we have every confidence in their ability and vision for Donington."
David Broome, managing director of Adroit Group, added that he wants to restore Donington to "a world-class standard".
He continued: "The entire site needs attention, whilst much of it will require a total overhaul.
"That is from the track itself to the medical centre, hospitality suites, phone, radio and PA systems, IT systems, CCTV and general ground work.
"There is no magic wand but through a calm, cautious, credible and sensible approach, we know we have the experience, expertise and absolute commitment to bring the glory years back to Donington.
"There is a 'Save Donington' Facebook site with 14,500 members. I'm looking forward to welcoming every one of those enthusiasts to a 'Donington is Saved' group.
"The racing world needs to see Donington put back on its feet, and that is exactly what we are going to do."
|
| Back |
| |
| |
|
|
 |
Advertisement
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
