Silverstone signs five-year British Grand Prix deal

The Formula 1® British Grand Prix is set to remain in the East Midlands for the next five years.

The news comes after an agreement between Formula 1, the BRDC and Silverstone Circuit was signed in London, in the run up to the British Grand Prix Weekend.

This weekend’s event will attract over 340,000 spectators making it one of the best attended Grand Prix in the world.

John Grant, cChairman of the BRDC, said: “Silverstone is one of the most iconic Grands Prix on the F1 calendar and with such a rich heritage it would have been disastrous for the sport and fans had we not managed to find a way forward.

“2020 will be the 70th anniversary of the first round of the World Championship which took place at Silverstone on 13th May 1950 and will make next year’s event all the more special.

“This is great news for the BRDC, Silverstone and Formula 1 – and for millions of British motor racing fans.”