- British Grand Prix
Silverstone senior executives suspended
Three of Silverstone's senior executives have been suspended at the same time as the British Racing Drivers Club (BRDC) takes a closer role in the running of the circuit.
The BRDC stresses that the suspension of the senior executives, including managing director Richard Phillips, is coincidental to the restructure of the running of the circuit. The news follows failed attempts to sell Silverstone Circuit Ltd (SLC), which is owned by the BRDC, as the club attempts to secure the long-term future of the home of the British Grand Prix.
BRDC members John Grant and Lawrence Tomlinson will take on the role of joint acting chief executives of SLC.
"The BRDC are taking a closer role in the running of the Silverstone business, with a new operating structure between the Club and the circuit," read a BRCD statement. "John Grant, chairman of the BRDC, and Lawrence Tomlinson, director of the BRDC, have assumed the role of joint acting chief executive of Silverstone Circuits Limited.
"Having reviewed the Silverstone business, they have embarked on an exciting programme of restructuring to make the business more streamlined, concentrating on their core competencies as a circuit operator and the home of the British Grand Prix.
"Whilst we cannot comment on the suspension of senior executives at SCL, it should be noted that this is only coincidental to the restructure."
The circuit currently has a contract to host the British Grand Prix until 2027 and invested £27m in a new pit and paddock complex known as The Wing in 2011.
© ESPN Sports Media Ltd.
