Stuart Pringle said profits are ploughed back into the event, which charges £629 for four-day grandstand tickets
, Stuart Pringle, has issued a staunch defence of the ticket pricing for this year’s race, emphasising that the money made from the event is ploughed back into the circuit and British motorsport, after criticism from Lewis Hamilton and fans that the cost of attending was too high.
Economic stability is of no little import to Silverstone. The circuit is one of only two on the current 24-race F1 calendar which enjoys no third party, government, or public funding, alongside the Dutch GP at Zandvoort. “The BRDC’s financial fortunes are vastly different to 10 years ago – we have worked really hard here to turn this listing oil tanker around,” he said. “The BRDC has always chosen to operate as a not-for-profit company. With an exception of a small percentage that goes toward the running costs of the club, 95% of the money gets reinvested.
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