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British F1 Grand Prix stays at Silverstone for another 5 years

10 July 2019

Formula  1 has announced  that  the  Formula  1  British  Grand  Prix  will  continue  to be held at Silverstone at least until the end of 2024.

The agreement between Formula 1, the British Racing Drivers’ Club and Silverstone Circuit was signed yesterday in London, in the run up to the Formula 1 Rolex British Grand Prix taking place this weekend.

The British Grand Prix has been part of the Formula 1 World Championship right from the start, with the 1950 edition of the race, held at Silverstone on 13th May of that year, being the very first of the 1006 Grands Prix that have taken place to date.

Silverstone has hosted the British Grand Prix a further 51 times, with two other circuits, Aintree and Brands Hatch providing the venue on five and seventeen occasions respectively. The circuit also draws a massive crowd with over 680,000 attending over the past two years alone.

Only the Italian Grand Prix can boast of featuring for the same length of time on the calendar of the top level of motor sport.

Chase Carey, Chairman and Chief Executive, Formula 1, said: “ We  have  always  said  that,  if  it  is  to  have  a  long-term future, our sport must preserve its historic venues and Silverstone and Great Britain represent the cradle of this sport, its starting point back in 1950.”

Seven of the ten teams competing in the FIA Formula 1 World Championship are based in the UK, with motorsport being an important economic and technological contributor to the country. This year, Great Britain also has the largest number of drivers on the grid, with five  times  world  champion  Lewis  Hamilton  joined  by the talented Lando  Norris  and  George Russell.

Stuart Pringle, Managing Director of Silverstone Circuits Limited, said: “The British Grand Prix at Silverstone is rightly recognised as one of the highlights of both the F1 championship and the annual British sporting calendar. This is thanks to our track being one of the  greatest  drivers’  circuits  in  the  world  but  also  the  enormous  passion  for  motor  racing  that exists  in  the  loyal  and  knowledgeable  fans  that  we  have  in  this  country.”

He added: “The  prospect  of  not hosting a Grand Prix at Silverstone would have been devastating for everyone in the sport and I  am delighted that we are here today, on the eve of what is sure to be a fantastic event, making this positive announcement about the future.”

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