Formula One legend Murray Walker has lamented the failure of Silverstone to secure its grand prix future, the Telegraph reports.
The Northamptonshire circuit has hosted the British Grand Prix every year since 1987, but it was announced earlier this year that the race would move to Donington Park from 2010.
According to Walker, this may ensure more money is paid into the Formula One coffers but its loss will be keenly felt by fans.
"I do think that it is a tragedy that Silverstone has lost the British Grand Prix," he said in an interview Telegraph TV.
"The corner complex at Beckett’s is one of the finest in the world. There is a gigantic fan base for the circuit, but Silverstone can’t raise the money that Abu Dhabi, Singapore and Malaysia can raise."
Walker, a commentator who endeared himself to the public with his over-excitability and tendency to make on-air blunders, also suggested that the decision to award Donington Park the grand prix could cost Britain the chance of hosting a race.
"Is Donington going to get the job done? If they don’t, the British Grand Prix is lost. Bernie Ecclestone will say ‘I’m off to Russia instead’. Or Kazakhstan," he commented.
However, Renault has confirmed that a round of the 2009 World Series will be held at Silverstone.