F1 has inked a contract extension with promoters of British GP to keep it on the calendar for 10 more years at Silverstone.
In a new long-term deal with the promoters, F1 has extended the contract to keep British GP on the calendar for 10 more seasons until 2034 at Silverstone. The iconic venue remains on amid the sport expanding to different places around the globe.
The recent years has seen loads of renovations undertaken at Silverstone to make it a venue acceptable for the modern standard. The promoters are also increasing fan activations, with luxury hotels being erected inside the compound.
“I am delighted to announce that the British Grand Prix will remain on the calendar for ten more years with this agreement,” said Stefano Domenicali. “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 around the world for fantastic racing on track and the amazing fan experience off it.
“I would like to thank Peter Digby and the BRDC, as well as Stuart Pringle and the whole Silverstone team for their hard work and dedication to take the British Grand Prix to new heights and I look forward to working closely with them as they look to further improve the facilities and fan experience over the next ten years.”
At the time same time, Peter Digby, Chairman of the British Racing Drivers’ Club, stated: “I am delighted we have secured a ten-year extension to host the Formula 1 British Grand Prix at Silverstone. This contractual security will provide a solid base for the further development of the venue as we continue to improve and transform the circuit into a year round international motorsport and leisure destination.
“The 2024 Formula 1 season will start with 9 BRDC Full and Honorary members on the grid and the importance of our continued support of young drivers is particularly evidenced by the success of Lewis, Lando, George and Alex.”
And finally, Stuart Pringle, Chief Executive Officer, Silverstone, added: “This long-term commitment reflects the importance of the British Grand Prix to Formula 1 and their acknowledgement of our ability to deliver a world-class experience for the British fans who are among the most enthusiastic and knowledgeable in the world.
“The cheers of support for the home teams, and particularly for the British drivers on the grid, makes the Silverstone atmosphere unique and I am looking forward to harnessing this passion for our sport and taking the event to the next level in the coming decade.”
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