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Old 22 Jan 2021, 07:23 (Ref:4030561)   #5
Moneyseeker
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Originally Posted by midgetman View Post
Hmmmm, event organiser can't pay the track rental bill because of pandemic, track owner takes the IP ownership as payment? Event organiser then does cut price deal to continue organising as part of the consideration?

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I believe GLE had the event under licence from SCL previously, so it made the SC 'their' event under the licence (effectively leased out I imagine) but the ultimate event name/rights belonged to SCL, who now have it 'back'. I am sure the event will appear the same for 2021, only potential changes ahead will be if SCL's p/l ambitions for the event are different from those GLE had, I guess.
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