Oct.11 (GMM) Bernie Ecclestone is expected to announce definitively on Monday that Donington has failed in its bid to host the 2010 British grand prix.
The news would be music to the ears of those who want the event to simply stay at its traditional home at Silverstone, but Damon Hill has warned that the Northamptonshire venue might not be willing to step in at any cost.
It is believed that Ecclestone, F1's chief executive, would offer the 2010 event to Silverstone at the same rate of its current promotional contract, but Hill indicated that Silverstone is not interested in a one-off deal.
"We have always said we are ready and prepared to host next summer's grand prix," he said.
"But, frankly, in order to do this we would want a multi-year contract," 1996 world champion Hill, president of the Silverstone-owning British Racing Drivers' Club, told the Daily Mail newspaper.