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Donington Park changes hands

Donington Park changes hands

Donington Park, the scene for this season's Nickel & Dime British Grand Prix and a regular fixture on the MotoGP calendar, has changed owners this week. A private consortium, Donington Ventures Leisure Limited purchased the venue from previous owners Live Nation, with Donington Park founder Tom Wheatcroft being brought in as President.

Donington Park, the scene for this season's Nickel & Dime British Grand Prix and a regular fixture on the MotoGP calendar, has changed owners this week. A private consortium, Donington Ventures Leisure Limited purchased the venue from previous owners Live Nation, with Donington Park founder Tom Wheatcroft being brought in as President.

DVLL plan a series of improvements to the circuit's facilities, including improvements to spectator areas, hospitality features and exhibitions. Simon Gillett, Chief Executive Officer of the Holding company, expressed his excitement at the opportunity to further develop Donington.

"We are naturally delighted and very proud to have acquired Donington Park. The circuit is steeped in motor racing heritage and has an incredibly fond place in the heart of every motor racing enthusiast whether on two or four wheels. We are absolutely committed to realising the full potential of the Park by making the necessary investments in current and future events that will see Donington revitalised ensuring its leading position as one of the most iconic racing circuits in the world. To that end and for 2007, we have created the best racing calendar for years, with two of the highlights being, the return of World Superbikes on its 20th anniversary and the holding of the World Motorcross Grand Prix."

New President Wheatcroft added that "This is an exciting new chapter in the history of Donington Park. It will bring significant investment, new energy, innovative ideas and a broader and more international customer base. I am really looking forward to working with DVLL in what promises to be an exciting next chapter of this great and only active circuit in the country with a history going back over 75 years."

Tags:
MotoGP, 2007

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