Silverstone..

 http://roadracingworld.com/news/article/?article1221

I saw no mention of who would actually throw down the Buck$, err,
Pounds to fund what sounds to be a fairly ambitious deal. How does that
work over there, a bond issue, or private sources?

 

Who knows.

That article is all about jumping thru hoops for the local government
planning requirements.
--
Champ

 

I understood that, but was wondering how all that works over there,
that is, who is behind it? Big money, or locals and does the Govt.,
local, or otherwise float bonds for the improvements? Just curious,
that's all...

 
It's all corporate money. Really no different from the USA or anywhere
else. The Gummint just wants to stick it's oar in.

Silverstone is only a bit odd because it's owned and run by a club
rather than a person or company due to history. Somewhere in the dawn of
motor racing, they managed to get the rights to an old airfield. But the
BRDC is really a big company.

FWIW, I really don't like Silverstone now. F1 has turned it into a
prison camp wasteland of concrete and barbed wire. But then I remember
it in the 60s as a kid when it was not a lot more than an airfield that
smelt of Castol R and burnt rubber.

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So, it's an old WWII airfield that's run by a club (sounds like
Sebring) that had to jump thru local Planning Board hoops before they
could expand and the BRDC has the juice to make it all happen. Yup, not
unlike here..

Burnt rubber and bean oil? What's not to like?