According to Sky News, the BRDC “is expected to use the proceeds from
the sale of the site, which it will then lease back, to invest in revamping
many of the facilities at the racetrack”.
MEPC’s deal is reportedly valued at £40million, while no price-tag has been
attached to Silverstone Circuits or to the exact value of LDC’s investment.
In response to a story about the MEPC talks earlier this month, the BRDC said:
“[The BRDC] can confirm that it remains in discussion with parties
interested in investing in Silverstone.
“Those discussions are progressing. Under the terms of non-disclosure
agreements, the BRDC is not able to comment on any details or speculation
surrounding potential investors.