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| Race loss could cost county £40m | Race loss could cost county £40m |
| (about 14 hours later) | |
| Moving the British Grand Prix away from Silverstone could put in jeopardy the £40m it brings into Northamptonshire, a business leader has warned. | Moving the British Grand Prix away from Silverstone could put in jeopardy the £40m it brings into Northamptonshire, a business leader has warned. |
| A move from 2010 to Donington Park in Leicestershire - as part of a new 10-year deal - was announced on Friday. | |
| F1 supremo Bernie Ecclestone has criticised the facilities at the Silverstone track. | |
| Paul Griffiths, of the Northamptonshire Chamber of Commerce, said he was concerned at the impact on local firms. | Paul Griffiths, of the Northamptonshire Chamber of Commerce, said he was concerned at the impact on local firms. |
| "There is a potential impact on the revenues that come into the local economy to the tune of £40m," he said. | "There is a potential impact on the revenues that come into the local economy to the tune of £40m," he said. |
| He said the chamber, local councils and the regional development agency would be looking at ways to alleviate the damage. | He said the chamber, local councils and the regional development agency would be looking at ways to alleviate the damage. |
| Mr Griffiths said Silverstone would still be a major centre of motorsport in the UK even with the loss of the Grand Prix. | Mr Griffiths said Silverstone would still be a major centre of motorsport in the UK even with the loss of the Grand Prix. |
| Silverstone, which staged its first Grand Prix in the 1940s and has been permanent home to the race since 1987, is owned by the British Racing Drivers' Club. | Silverstone, which staged its first Grand Prix in the 1940s and has been permanent home to the race since 1987, is owned by the British Racing Drivers' Club. |