CEO of Jaguar Land Rover Dr. Ralf Speth speaks during the opening ceremony of the Invictus Games in Orlando, Florida, U.S., May 8, 2016. REUTERS/Carlo Allegri
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Negotiations for Jaguar Land Rover to take over Silverstone are ongoing but neither side are under any time pressure to do a deal, said the British Grand Prix track's managing director Patrick Allen.Allen, on a visit to the Spanish Grand Prix circuit for this weekend's fifth race of the season, told Reuters there was an exclusivity agreement in place until June 30 .Allen said the BRDC would remain 100 percent owners of the Silverstone Circuits business and continue to run the British Grand Prix whatever the outcome.Access to the track would be more limited, however, and Allen indicated that formed a big part of the talks.
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