(Silver)Stoned to death?
According to the BBC report here, Donnington Park has effectively given up on hosting the British Grand Prix - let alone exclusively for the next decade. With luck, it'll be back to Silverstone - but Bernie Ecclestone should make it clear that there will be a British Grand Prix no matter what. We have enough tracks in this country, a long tradition in all forms of motorsport, and millions of fans: if Brazil's and Italy's fans are enough to guarantee a race every year, so should we be.
Donnington yesterday pulled a £135m bond issue, presumably because there was no chance of raising that much money... I wonder what that says about the regular government debt auctions. No money out there? Government already borrowing it all, and at a better credit rating? Investors worried about inflation or a Sterling crash eating the value?
- KoW
Donnington yesterday pulled a £135m bond issue, presumably because there was no chance of raising that much money... I wonder what that says about the regular government debt auctions. No money out there? Government already borrowing it all, and at a better credit rating? Investors worried about inflation or a Sterling crash eating the value?
- KoW
0 Comments:
Post a Comment
<< Home