Formula 1® to race in Silverstone for the next five years

Formula 1® is delighted to announce 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 FORMULA 1 ROLEX BRITISH GRAND PRIX 2019 weekend.

The British Grand Prix has been part of the Formula 1 World Championship right from the start, with the 1950 edition of the race, held at Silverstone on 13th May of that year, being the very first of the 1006 Grands Prix that have taken place to date. Silverstone has hosted the British Grand Prix a further 51 times, with two other circuits, Aintree and Brands Hatch providing the venue on five and seventeen occasions respectively. Only the Italian Grand Prix can boast of featuring for the same length of time on the calendar of the top level of motor sport.

Great Britain has played a vital role in the sport’s history and will continue to do so for the foreseeable future. Seven of the ten teams competing in the FIA Formula 1 World Championship are based in the UK, with motorsport being an important economic and technological contributor to the country. This year, Great Britain also has the largest number of drivers on the grid, with five times world champion Lewis Hamilton joined by the talented Lando Norris and George Russell.

Silverstone is often amongst the most exciting events of the year and draws a massive crowd, with over 680,000 attending over the past two years alone. Once again this year, the FORMULA 1 ROLEX BRITISH GRAND PRIX 2019 is shaping up to be one of the key sports events in the UK over the summer. Of course there is the exciting racing provided by Formula 1 and its two feeder series, the FIA Formula 2 and FIA Formula 3 Championships, and there is also a whole host of attractions for race goers, such as the “Bond in Motion” exhibition and various forms of entertainment for guests and celebrities.

 

 

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. Today, Formula 1 is a global sport, held on five continents, watched by an audience of over 500 million fans around the world and our aim is to grow this number by bringing the sport we love to new countries, while also maintaining its roots: Silverstone and the British Grand Prix are an integral part of that vision.”

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”.

Stuart Pringle, Managing Director of Silverstone Circuits Limited, said:

“The British Grand Prix at Silverstone is rightly recognised as one of the highlights of both the F1 championship and the annual British sporting calendar.  This is thanks to our track being one of the greatest drivers’ circuits in the world but also the enormous passion for motor racing that exists in the loyal and knowledgeable fans that we have in this country.   The prospect of not hosting a Grand Prix at Silverstone would have been devastating for everyone in the sport and I am delighted that we are here today, on the eve of what is sure to be a fantastic event, making this positive announcement about the future.”

 

 

ENDS

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Formula 1® racing began in 1950 and is the world’s most prestigious motor racing competition, as well as the world’s most popular annual sporting series: The 2019 FIA Formula One World Championship™ runs from March to December and spans 21 races in 21 countries across four continents. Formula One World Championship Limited is part of Formula 1® and holds the exclusive commercial rights to the FIA Formula One World Championship™.

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