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Posted On: 30 August 2011 10:52 am
Updated On: 12 November 2020 02:11 pm

QIA denies talks over UK F1 circuit deal

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The Qatar Investment Authority (QIA) has denied the “authenticity of press reports carried by international news agencies and some local and international newspapers that it is close to a deal with the British Racing Drivers’ Club (BRDC) to buy the Silverstone Formula One circuit”, which is owned by the British Club. An official source at Qatar Investment Authority told Qatar News Agency (QNA) that there were “no relevant negotiations, currently nor in the past, in this respect”.