January 8, 2009 / 7:39 PM / in 10 years

Donington Park gets green light for F1 revamp

LONDON (Reuters) - Donington Park secured planning permission on Thursday for a 100 million pounds revamp as it geared up to replace Silverstone as host of the 2010 British Formula One Grand Prix.

North West Leicestershire District Council approved the plans at a meeting, the BBC reported.

Circuit chief executive Simon Gillett said he was “confident about all aspects of the project” despite some doubters questioning whether the track could raise the necessary funding and be ready on time.

The plans envisage a new pitlane and paddock, grandstand and media facilities.

Donington’s owners promised Formula One supremo Bernie Ecclestone last year they would invest 100 million pounds on revamping the circuit, which hosts the British MotoGP, over a five-year period.

Reporting by Alan Baldwin, editing by Tony Jimenez

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