The future of the British GP is still unresolved after Simon Gillett was given a deadline to resolve his feud with Tom Wheatcroft.

North West Leicestershire District Council have made it clear that unless certain crucial agreements are signed by that date then the planning permission agreed four months ago regarding a £100million redevelopment of Donington Park will be revoked.

The date has been set as Gillett and Wheatcroft first face a County Court hearing on June 8 regarding £2.47million in back rent owed by the former to the latter.

Donington Park owner Wheatcroft issued legal proceedings last month against Gillett, CEO of Donington Ventures Leisure Ltd (DVLL), in a bid to reclaim his money, as well as seek a forfeiture of the lease Just 14 months ahead of Donington's proposed debut into a 10-season agreement to stage the British Grand Prix, it is an unholy mess.

Yet a typically bullish Gillett is confident he will first resolve his issues with Wheatcroft, and adamant the race will go ahead at Donington Park in July next year.

"We know the detail behind the headlines," stated Gillett.

"There is a lot going on in the background which gives us confidence. We know what is going on behind the scenes.

"We are working with them (the Wheatcrofts); we expect a resolution soon. We have had our issues, but we are resolving those."

Despite admitting to problems, Gillett added: "Between 100 and 101% we're still going to make sure the grand prix will be here.

"We have had some trials and tribulations, but I'm sure the grand prix will be here next year."

One of the primary concerns surrounds financing as Gillett concedes to recently losing the support of a major financial institution.

"It's nothing to do with Donington Park, but the world of banking has changed," added Gillett.

"The bank we were planning to work with decided they were not in the market any more, so we had to go and find an alternative.

"There are banks in the market, and we are working on the detail now."

Although work remains ongoing at Donington Park, the battle with the Wheatcrofts and the banks has had a significant impact.

"We've a nine-month construction programme, which hasn't changed," insisted Gillett on BBC Radio 5 Live.

"We've always known we could construct everything we have to do in nine months.

"We've a bit more leeway than we've alluded to in the past, and we would rather have used that in the construction phase, but we are having to use that in the financing phase.

"That financing phase will be announced pretty soon as we're in in- depth meetings this week and next to button it down."

Providing Gillett can thrash out an agreement with the Wheatcrofts, then the signing of what is known as a Section 106 with the Council should follow before the deadline.

In layman's terms, a Section 106 is a legal document to be signed, in this instance by Gillett, Wheatcroft and the Council, in which certain undertakings are agreed to.

The primary measure on this occasion in order to satisfy a number of parties is an Event Management Plan as Gillett is hoping for the race to become the first 'public transport grand prix'.

Due to Donington's limited access, Gillett is planning to restrict on-site ticketing, and instead impose a number of park and ride schemes around Leicestershire, Nottinghamshire and Derbyshire.

But as the Council's environment director, Steve Bambrick, put it: "If we get to the end of June and the 106 has still not been signed then we will have authority to remove permission."

Yet despite the problems and flak that continues to be hurled his way, a defiant Gillett remarked: "I'm concerned about the British Grand Prix - we're here to save it, not jeopardise it.

"We entered this knowing what we had to do - we knew we had mountains to climb.

"It makes me and the team more determined. We are 110% committed to make it happen, and 100% certain it will happen."