Wheatcroft had always lived within a 30-mile radius of Castle Donington, had by his death had amassed an estimate fortune of £120 million,[6] and was father to seven children.
[4] Despite having had its Ferrari V12 engine replaced by a Chevrolet Corvette V8 by the previous owner in Australia, Wheatcroft enjoyed driving the car at test sessions.
Over the following years Wheatcroft and his distinctive laugh – described by historian Doug Nye as "like a rusty truck failing to start"[4] – became a familiar feature at race circuits around the world.
During the season he also entered the BT26, in full three-litre form, at the Race of Champions, where Bell suffered an accident in practice, and the Belgian Grand Prix, where the car retired.
[9] At the 1971 Monaco Formula Three race Wheatcroft became acquainted with Roger Williamson,[4] also from Leicester, and began to support his driving career.
In 1973 Wheatcroft sponsored a seat for Williamson in the Formula One March Engineering works team, run by Max Mosley.
(key) In 1971 Wheatcroft bought a large part of the Donington Hall estate, including the remnants of the pre-war racing circuit, for £100,000.
In 1983 he was given a provisional date for the 1988 Formula One season, but when the calendar for that year came to be finalised the RAC Motor Sports Association changed their mind and decided to stage the British Grand Prix at Silverstone instead.
[3] At the same time Wheatcroft even explored the potential for holding an Irish Grand Prix at Donington, but this too was vetoed by the RAC MSA.
Prior to the race, despite having suffered his third heart attack only the previous week, Wheatcroft himself took the wheel of his own pre-war Mercedes-Benz W154 Grand Prix car for a demonstration run.
In 2007, Wheatcroft agreed a 150-year lease of the land on which the circuit and museum are located to Donington Ventures Leisure Ltd., which with his support subsequently won a 10-year agreement from Formula One organisers to host the British Grand Prix from July 2010.