The latest idea, backed by F1 supremo Bernie Ecclestone, is for 'knockout' qualifying divided into three stages.
"I just think the guy that wins the most races should win the championship, " Ecclestone said.
No financial details surrounding either of the bids from Ecclestone or Spyker have been disclosed.
Neil England, the non-executive chairman of Silverstone Holdings, has been conducting the talks with Ecclestone.
Ecclestone has voiced sympathy for the protesters but the race is still scheduled to go ahead.
Indeed, Mr Ecclestone's other achievement was to sense Formula One's potential as a television sport.
"She's quite airy-fairy and likes to make her mind up last-minute, " said Ms. Ecclestone.
The barrister said the email went on with "pernicious" implications about damage to Ms Ecclestone's reputation.
Ecclestone is keen to introduce a new scoring system alongside developments in aerodynamics and technology.
But Ecclestone says there is no deal to host the British GP beyond 2004.
BBC: SPORT | Motorsport | Formula One | New threat hits British GP
"Mr. Ecclestone's comments were crass, ignorant and insensitive, " he said in a statement issued to CNN.
"It's a different organisation altogether, " Ecclestone added at the Marina Bay street circuit in Singapore.
But Ecclestone says the problems facing the Commonwealth Games organisers are completely unrelated to F1.
Ecclestone wants to introduce a new system whereby the driver with most race victories would be champion.
Mr. Ecclestone said he replied to the letter saying that the home was not under his ownership.
Mr. Ecclestone has acknowledged making the payment but said he did so only because he was blackmailed.
Mr Ecclestone reportedly jokes that a number two could send faxes and bring coffee, but nothing else.
ECONOMIST: Can Formula One succeed without Bernie Ecclestone?
Those proud car firms might yet regret their tame acceptance of Mr Ecclestone's grip on this sport.
He went out with Ms Ecclestone, 28, in 2002 before he legally changed his name from Jonathan Ketterman.
Prosecutors claim Jakir Uddin told Ms Ecclestone's manager a newspaper had offered Mr Rose money for his story.
Derek Rose was in a relationship with the daughter of F1 boss Bernie Ecclestone when she was 17.
The point, Ecclestone believes, is the Canadian miners have much more growth potential than the incumbent Latin companies.
Ecclestone recently said he would only quit when he felt he was not doing a good job.
"I hoped that Felipe would do something last year so let's hope he does it this year, " Ecclestone said.
If Ecclestone is to succeed, this would be the season to do it.
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F1 supremo Bernie Ecclestone does not believe major car manufacturers would quit the sport over the standard engine issue.
Mr Ecclestone got the racing bug after he made his first fortune selling motorcycles and cars, and in property.
After attending briefly, Ms. Ecclestone got a job at an Armani retail store, which she quit after six months.
Derek Rose, 33, went out with the daughter of Formula 1 boss Bernie Ecclestone for two years until 2002.
There were reports that Bernie Ecclestone wants to axe the Monaco Grand Prix.
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