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Brands Hatch owner Jonathan Palmer ‘definitely interested’ in buying Silverstone - home of the British Grand Prix

PUBLISHED: 15:49 05 September 2016 | UPDATED: 15:49 05 September 2016

Tthe entrance to Brands Hatch race track

Tthe entrance to Brands Hatch race track

Archant

Mr Palmer’s firm, MotorSport Vision, currently owns four tracks, including the popular Kent circuit

The owner of Brands Hatch has admitted he is “very interested” in extending his motorsport empire further by buying Silverstone.

Home of the British Grand Prix, purchase of the track would mean MotorSport Vision, of which Jonathan Palmer is chief executive, would then own a total of five circuits, including the Kent track.

Silverstone is currently owned by the British Racing Drivers Club (BRDC), but members voted to sell its 249-year lease to Jaguar Land Rover in April, as it struggles to come to terms with financial losses of more than £50m experienced in 2012.

However, it is understood the deal has stalled and Mr Palmer is now geared up to step in and submitting a bid of his own.

“We are definitely interested in making an offer for Silverstone and have a lot of confidence in our ability to bring a great deal of stability to it and a vision for the future,” Mr Palmer told The Telegraph.

“The BRDC hasn’t approached me at all but I’ve told them that I certainly want the opportunity to be invited to put a deal forward.

“On a number of occasions I have said that MSV would be interested in running Silverstone.”

Brands Hatch refused to comment further when contacted by Kent News.

Bosses recently told us suggestions by a shipping firm that the track in Longfield, near Swanley, could be used as an alternative solution to queuing lorries on the M20 when Operation Stack is in force were “completely unviable”.

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