Formula 1 to race in Silverstone for the next five years
Published on 10 July 2019 by Niels Hendrix
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 British Grand Prix 2019 weekend.
Chase Carey, chairman and CEO Formula 1, said: “We are really pleased to confirm that the British Grand Prix will stay on the FIA Formula 1 World Championship calendar for at least the next five years, with the event remaining at its longstanding home, Silverstone circuit. 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.”
John Grant, chairman 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”.