Speculation that the organisers of next year's British Grand Prix at Donington Park are having trouble balancing their financial books continue to nag away at the F1 community.

Start_07 According to reports in the financial press, the annual accounts of Donington Ventures Leisure, the company established three years ago by Simon Gillett and Lee Gill, show a loss of £12.4m last year and a total accumulated debt of £66.7m.

Even more worryingly, it is reported that its auditor has expressed the view that Donington may not have sufficient financial resources to stage the race in 2011.

DG0_7175Gillett also appears to have other problems. Gill, who was dismissed from the company only a matter of months after they signed the deal with Bernie Ecclestone to stage the race, is now suing his former business partner, claiming damages of £150,000 and other associated costs.