German Car Zone

Bernie Ecclestone on Wednesday said there are currently no plans to stage a British grand prix in 2010.
Quoted by the Daily Telegraph newspaper, the F1 chief executive likened negotiations about a new contract for the Silverstone race, whose existing deal runs out next year, to a “dead duck”.
It is reported that grand prix promoters the BRDC recently received a new contract from Ecclestone’s office demanding an initial $22m per year race fee. The British Racing Drivers’ Club apparently returned the unsigned document asking for a discount. Money, however, is not the only stumbling block, as 77-year-old Ecclestone is stalwartly also demanding that Silverstone rapidly begins its promised pit and paddock upgrade.

“I suppose they could come back to me,” he said. “They could get the building done in six months. But I would not put any money on it.
“The BRDC know the terms. If they meet them, then we are in business. But at the moment they can’t and therefore there is no race in 2010,” Ecclestone added.

motorauthority

Bernie would probably give a GP to Easter Island if they just paid enough...

Lol, that's so true. F1 is turning into a pure entertainment like the Victoria's Secret show. By removing the British GP from the calendar Bernie is killing a part of world motor racing. This decision will make him less popular in the UK which account for a big percentage of F1 viewers and fans.

Bad move by Bernie.
Now that Hamilton is around there's much more money in the British GP.

Yupp. Silverstone GP was already sold out two months ago. The home crowd won't like this at all and there will be objections. Thankfully 2010 is 2 years away leaving the British motorsport association with time to renegotiate with Eccle$tone.

He can become less popular?

I think he is just play hardball.

Not at all. Bernie has his eyes set on one thing only and that's dough. He could careless about F1 as a motorsport. He's just in it for money, just look at how much more he cares more for paddock hospitality than circuits themselves. I don't understand why he's hustling so much for money when he's worth over 2 billion pounds.