Im sorry but wrong again..

And I quote

"I can reveal that a second group of would-be investors are interested in stepping in.
The Anglo- American syndicate of big-hitters from finance and sport includes Sir Richard Branson as a commercial partner and is codenamed Project Penelope."

So there is already a joint UK-American partnership interested..

Qatar were trying to pay to become the Preferential bidder but simply got tired of waiting and channeled the money elsewhere..

Don't worry though this is standard in the UK the papers make everything sound ten times worse than it is...
But if you cut through all the crap the Headline Should be:

Qatar withdraws bid for UK Grand Prix but Anglo American group remains interested..

But as you can see that is alot more boring