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Donington can still host 2010 British GP - Gillett UPDATE (GMM)  Bernie Ecclestone has ruled out rumors he is prepared to revive Donington's collapsed formula one bid if Silverstone does not imminently agree a deal to host the British grand prix.

After Donington boss Simon Gillett's company went into administration after failing to secure the funding for his project, F1 chief executive Ecclestone left open the door to the bid being resurrected by investors.

It was then rumored that the 79-year-old billionaire had taken over the nearby Donington Hall and might also be interested in buying the Leicestershire circuit itself.

But Ecclestone told the Daily Express: "I have not the slightest interest in buying Donington or running the British grand prix there.  What is Donington Hall?"

Donington's administrators are reportedly in talks with interested parties and insist organizing a 2010 formula one race is possible, but at the same time figures for the rival Silverstone circuit insist a deal is close.

Silverstone owner the BRDC's president Damon Hill said he is "quietly confident" a deal will be done, but told the Evening Standard: "The hurdle is making sure the deal is mutually beneficial.

"That's got to be part of it, so we don't end up with another false start," the 1996 world champion added.

11/24/09 (GMM) Having failed to raise the necessary funds, with his company in administration and rival circuit Silverstone claiming a deal is nigh, Donington's Simon Gillett insists he still has a chance of hosting the 2010 British grand prix.

F1 chief executive is giving Silverstone until December 9 to sign a contract before Britain is scratched from the 2010 schedule, but Donington CEO Gillett says his venue is also still in the running.

"As far as I see it there are two tracks competing, so in my mind that makes it 50-50," he is quoted as saying on Tuesday by the Guardian.

"As Bernie said last week, if someone comes in now and invests in Donington the chance is still there.

"The administrators are working hard and if we had the money we would have the 17-year agreement. There are half a dozen people interested at the moment, from different backgrounds, with different ideas and intentions," added Gillett.

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