The Formula 1 Grand Prix of Great Britain will be organized at Silverstone until 2034. A new ten-year agreement was concluded. The promoter of the world championship, Formula 1, announced this on Thursday.
The British GP has been held continuously at Silverstone since 1987 and “will remain on the F1 calendar until 2034, following a ten-year extension with promoter Silverstone and its owner, the British Racing Drivers' Club (BRDC)” , F1 reports in a press release.
“This new agreement marks the ninth decade of racing at the Northamptonshire circuit, which hosted its first GP in 1950,” it said. The Silverstone circuit hosted the first F1 championship race, on May 13, 1950, won by Italian Giuseppe Farina (Alfa Romeo).
The circuit is located on a former Royal Air Force (RAF) base. It is home to the majority of the teams, based in a triangle between Birmingham, London and Bristol.
In the list of the most raced GPs since 1950, the British GP is in third place, behind the circuits of Monza (Italian GP) and Monaco. The 59th edition of the GP will be held on the weekend of July 7.
Silverstone announced the ten-year contract extension with Formula 1 on Thursday via a video with English drivers Lando Norris (McLaren) and George Russell (Mercedes).
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