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onington legal action threatens British GP
Wheatcroft begins legal action to recover rent
23/04/09 16:56


Photo F1-Live.com

Zoom
A major issue for the 2010 British GP venue
New doubt on Thursday fell on Donington's ability to host the British Grand Prix beginning in 2010.

It emerged that the circuit's owners, Wheatcroft and Son Ltd, launched legal action over $3.6m in unpaid rent.

The lawsuit filed with Derby County Court is also calling for the termination of the 150 year lease held by track boss Simon Gillett, who last year secured a ten-year contract to see the Formula One race move from Silverstone to the Leicestershire venue.


"Despite receiving numerous reassurances over a number of months they have consistently failed to meet their financial obligations under the terms of the lease," owner Kevin Wheatcroft said in a statement issued by his lawyers.

"We have held off taking legal action for as long as possible but have been left with no choice but to commence proceedings to recover the outstanding rent and forfeit the lease," he added.

Source: GMM
© CAPSIS International





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