Donnington still hoping for F1 deal

Bosses at Donnington Park have refused to give up on the possibility of hosting the British Grand Prix despite Silverstone chiefs claiming they are close to a deal.

The circuit's leasing company, Donnington Ventures, says a deal is possible even though the firm is in administration and time is against them.

"As far as I see it there are two tracks competing, so in my mind that makes it 50-50," chief executive Simon Gillet said.

"There are half a dozen people interested at the moment, from different backgrounds, with different ideas and intentions, but from a location point of view and a fans' point of view, everything about Donington makes it a viable circuit."

The company secured a 17-year contract to host Formula One in July last year - only to see it withdrawn following a failure to secure the £135 million funding required to meet the redevelopment plans.

F1 rights holder Bernie Ecclestone has set a December 9 deadline for a deal to be done for a British race next summer.

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