Donington Park Sold To Consortium

24 Apr 2008 | tshego
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Media owner Clear Channel has sold motor racing circuit Donington Park to an
independent consortium for an undisclosed sum.

Donington Ventures Leisure will now look to improve the facilities at the
venue which is one of the oldest motor racing circuits in the UK, having been
first built in 1931.

Chief executive officer Simon Gillett said: ‘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.’

Donington Park founder Tom Wheatcroft has agreed to join Donington Ventures
Leisure as president.

The circuit is the home of the British Motorcycle Grand Prix and this year
will be hosting the first of three British rounds of the World Superbike
Championship – the first time for six years it has staged the event – and the
World Motorcross Grand Prix.

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