(09-30) 09:40 PDT LONDON (AP) -- The British Grand Prix has been dropped from the provisional calendar of Formula One races for next year, media reports said Thursday. Formula One chief Bernie Ecclestone, who has been a fierce critic of the Silverstone track, had given the circuit's owners -- the British Racing Drivers' Club -- until Thursday to meet his financial demands. The two sides were reported to be around $4.8 million apart on the cost of rights to stage the race. Reports on BBC TV, Sky TV and the Press Association said the race, which took place before 100,000 fans last year and was first staged at Silverstone in 1950, had been dropped from the 2005 schedule. The provisional calendar goes before FIA's world motor sport council in Paris on Oct. 13.