Jonathan Palmer, boss of British race track Brands Hatch, has said there is no chance that his circuit will be making a return to Formula 1.
Brands Hatch was built in 1959 and hosted it s first British Grand Prix in 1964, a race won by Jim Clark in a Lotus-Climax. The track hosted a further thirteen Grand Prix, with the last one held in 1986, won by British driver Nigel Mansell in a Williams-Honda.
With the future of Silverstone hosting the British Grand Prix hanging in the balance, some had hoped that Brands Hatch would once again see Formula 1 cars racing around the track, however Palmer does not believe this is an option.
“We have not got the space for Formula One as the track would need a radical redevelopment,â€ he explained. “Particularly with the requirements for safety these days, it would cost as an awful lot of money to get these up to standard. Secondly, I do not think it would be good business having a Grand Prix is not a business, it is really a global flag waving exercise for the country.â€
Palmer has estimated that it would take around $80 million in improvements to bring the Brands Hatch circuit up to F1 s standard.