Bernie Ecclestone has ruled out rumours 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 rumoured 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 organising 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.