Ecclestone warns British government to help or lose F1 race

Formula One supremo Bernie Ecclestone has warned that Britain could lose the right to hold a grand prix after Silverstone's contract runs out in 2009 and has called on the Government help fund a redevelopment of the ailing circuit.

Ecclestone is to begin negotiations with Silverstone's owners BRDC soon but admits that the current state of the British race is not up to scratch.

"The Government could and should do something to help ensure the BRDC does not lose the F1 event," Ecclestone told the Daily Express.