British GP will stay at Silverstone for another TEN YEARS as stunning £300million deal is signed | 2N4E96J | 2024-02-11 09:08:01
The deal is predicted to value round £300 million and run until 2034 – safeguarding the UK's residence race on the F1 calendar.
BRITISH GP bosses have agreed a brand new 10-year cope with Method One protecting the race at Silverstone.
The deal is predicted to value round £300 million and run until 2034 – safeguarding the UK's residence race on the F1 calendar.
Final yr the race attracted a report crowd of 480,000 across the weekend with more than 60,000 followers camping within the native area.
This yr's race might be one other sell-out boosted by live shows by Stormzy and Kings of Leon.
Stefano Domenicali, President and CEO of F1, stated: "I'm delighted to announce that the British Grand Prix will remain on the calendar for ten extra years with this settlement.
"Silverstone is an iconic venue at the heart of F1 history and as it approaches its ninth decade hosting Grands Prix, the event continues to attract fans from all over the world for unbelievable racing on monitor and the superb fan expertise off it."
Stuart Pringle, Chief Government Officer, of Silverstone, added: "This long-term dedication displays the importance of the British Grand Prix to F1 and their acknowledgement of our capacity to deliver a world-class expertise for the British followers who are among the most enthusiastic and knowledgeable on the earth.
"The cheers of help for the home groups, and notably for the British drivers on the grid, makes the Silverstone environment distinctive and I'm wanting ahead to harnessing this ardour for our sport and taking the event to the subsequent degree in the coming decade."
The information comes in a busy seven days through which Lewis Hamilton announced his decision to leave Mercedes at the end of this season.
Meanwhile, Purple Bull chief Christian Horner will be quizzed on Friday after an internal investigation into inappropriate behaviour.
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The Silverstone announcement comes every week after one other iconic monitor, Suzuka, announced a deal to proceed internet hosting F1 races in Japan till 2029.
Last month F1 also introduced the arrival of the Madrid GP to the calendar from 2026 in a ten-year deal.
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