Formula One: Red Bull's Horner Slams Silverstone Decision

LONDON, , (APP - UrduPoint / Pakistan Point News - 12th Jul, 2017 ) - Christian Horner, head of Formula One outfit Red Bull, has slammed the owners of Silverstone, saying they created the financial trouble that threatens the future of the British Grand Prix.

Horner -- a member of the track's owners British Racing Drivers Club (BRDC) was scathing about the club's announcement on Tuesday they were exercising a break clause in the 17-year contract to host the Grand Prix, meaning the 2019 race could be the last staged there.

The owners blamed escalating costs under the original agreement signed with former F1 supremo Bernie Ecclestone which came into force in 2010. They are looking for a revised deal with Liberty, the new Formula One owners, who are highly critical of the BRDC's announcement.

The row has blown up in the days leading up to this weekend's Grand Prix at Silverstone which will see home favourite Lewis Hamilton endeavour to hit back in the race for the title which sees German Sebastian Vettel leading by 20 points.