Donington Park boss Simon Gillett has denied reports that the 2010 British grand prix venue is in debt to the tune of 76m euros.

Donington Park boss Simon Gillett has denied reports that the 2010 British grand prix venue is in debt to the tune of 76m euros.

The Financial Mail last weekend said accounts just filed at Companies House also showed a 14m euro loss for 2008 and the view of an auditor that the track may not be ready to host formula one from next year.

But chief executive Gillett said work on the grand prix upgrade continues at the Leicestershire venue and that the accounts for 2008 have not even been filed.

He told the Press Association that the reports left him "confused as to where certain publications have sourced their 'facts' and figures".

 

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