A provisional deal has been agreed to lease Donington Park to new operators after the circuit was closed last year.
New owners set sights on restoring circuit
A provisional deal has been agreed to lease Donington Park to new operators after the circuit's unsuccessful attempt to secure the British Grand Prix.
The East Midlands venue has been out of use since last September after former leaseholder Simon Gillett failed to acquire the £135million needed to stage the Formula One race.
The circuit was left in a state unfit to hold any form of motorsport but now hopes to see Donington opened again have been reignited.
Worcestershire-based Adroit Group have agreed a deal in principal with the track's owner, Kevin Wheatcroft, for a 25-year lease.
"We are particularly pleased that after a long interview process we feel we have found the right people to move Donington forward into a new and exciting future," Wheatcroft said.
"Adroit impressed us from the first time we met them and we have every confidence in their ability and vision for Donington."
Overhaul
Managing director of Adroit Group David Broome has stated his desire to restore Donington Park to "a world-class standard".
He added: "The entire site needs attention, whilst much of it will require a total overhaul.
"That is from the track itself to the medical centre, hospitality suites, phone, radio and PA systems, IT systems, CCTV and general ground work.
"There is no magic wand, but through a calm, cautious, credible and sensible approach we know we have the experience, expertise and absolute commitment to bring the glory years back to Donington.
"There is a 'Save Donington' Facebook site with 14,500 members. I'm looking forward to welcoming every one of those enthusiasts to a 'Donington is Saved' group.
"The racing world needs to see Donington put back on its feet, and that is exactly what we are going to do."
