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" Jaguar Land Rover&amp;#039;s performance renaissance, spearheaded by the F-Type, has been inspiring to watch. Now, it seems Jaguar Land Rover (JLR) is just a few steps away from purchasing the legendary Silverstone Circuit, according to an\u00A0Autosport\u00A0report. This potential purchase was first reported in December of last year. &amp;quot;The deal is definitely not done yet,&amp;quot; said John Grant, speaking to   Autosport.\u00A0Grant is\u00A0chairman of the British Racing Drivers&amp;#039; Club (BRDC), which currently owns Silverstone.\u00A0&amp;quot;There&amp;#039;s still a lot of work to do to get the deal to where both sides are happy and more importantly what&amp;#039;s right for the BRDC and it&amp;#039;s members.\u00A0Having said that, we are well down the road.&amp;quot; When the potential sale was first reported last year, Jaguar Land Rover was said to move its headquarters there, with offices for 1000 employees and a hotel. With Jaguar&amp;#039;s renewed focus on its sporting heritage, setting at shop at one of the UK&amp;#039;s most important racing circuit makes a strong statement.\u00A0 Interestingly, Porsche currently operates its &amp;quot;Experience Center&amp;quot; at Silverstone, though a move would likely be necessary if rival JLR moves in. The current finances of Silverstone, as  Autosport\u00A0 notes, are\u00A0rocky, unlike other Grand Prix circuits propped up with government money. The FIA charges Silverstone nearly $24 million to host the British Grand Prix, and with Bernie Ecclestone not willing to lower the fee, the British GP&amp;#039;s future was in doubt. A purchase by JLR would ensure its future, and act a nice marketing boon for the automaker. Jaguar will go open-wheel racing for the first time since 2004, with an entrance in Formula E, though it&amp;#039;s unclear if it has greater motorsport ambitions. Purchasing Silverstone might indicate a renewed focus on motorsport. "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.roadandtrack.com/motorsports/news/a28310/jaguar-land-rover-purchase-silverstone-soon/>