Jump to content
  • Greetings Guest!

    CheersandGears.com was founded in 2001 and is one of the oldest continuously operating automotive forums out there.  Come see why we have users who visit nearly every day for the past 16+ years. Signup is fast and free, or you can opt for a premium subscription to view the site ad-free.

  • William Maley
    William Maley
    Sign in to follow this  

    Rumorpile: Jaguar Land Rover In Talks To Buy Silverstone Racetrack

      Jaguar Land Rover, the new owner of the famed Silverstone racetrack in Great Britain?

    Jaguar Land Rover has its eye on a new headquarters to be located at a racetrack. But not any racetrack; the company is reportedly in talks to buy the revered UK racetrack Silverstone.

     

    The Birmingham Post reports that JLR is in talks with the British Racing Drivers’ Club - the current owners of the track - about buying the track. Reportedly, the board has given the green light and JLR could offer the owners around 23 billion Pounds (about $34.1 billion). If purchased, the company would build a museum, experience center, and hotel on the grounds. There will also be a space for 1,000 sales and marketing staff and 700 engineers.

     

    Now if Jaguar Land Rover do purchase the track, would there still be racing? The Post and Automotive News Europe say yes, so F1 racing at the track is safe.

     

    When asked for comment, the British Racing Drivers’ Club said in a statement "that it received a number of confidential approaches" and would consider an "attractive" offer from any party and would seek a mandate from club members before progressing it." Jaguar Land Rover declined to comment.
    Source: Automotive News Europe (Subscription Required), Birmingham Post


    Sign in to follow this  


    User Feedback

    Recommended Comments

    For a brand that does not sell that many auto's, it seems a bit extreme. Right now it would be nice to just get some quality products out the door.

    Share this comment


    Link to comment
    Share on other sites


    Your content will need to be approved by a moderator

    Guest
    You are commenting as a guest. If you have an account, please sign in.
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.




About us

CheersandGears.com - Founded 2001

We ♥ Cars

Get in touch

Follow us

Recent tweets

facebook

×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.