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British GP F1 Extension Secures 10-Year Contract

British GP Secures 10-Year F1 Contract Extension

08/02/2024

Formula 1 ensures the British Grand Prix remains a key event until 2034, reflecting its enduring legacy and fan appeal.

The 2024 race at Silverstone was the last scheduled under the previous agreement, but there was confidence that a deal would be reached to retain the extremely popular event, which saw a record number of 480,000 fans attend in 2023.

Silverstone circuit holds immense historical value for F1 as it hosted the first world championship race in 1950 and has hosted 58 Grand Prix.

“I am thrilled to announce that the British Grand Prix will remain on the calendar for another 10 years with this agreement,” said F1 president Stefano Domenicali.

“Silverstone is an iconic venue at the heart of F1’s history, and as it approaches its ninth decade of hosting Grand Prix, the event continues to attract fans from around the world for fantastic races on the track and an incredible experience for the fans.”

Silverstone Secures Decade-Long F1 Future

Formula 1 agreed to the extension with Silverstone’s promoter, which is also its owner, the British Racing Drivers’ Club (BRDC).

“This long-term commitment reflects the importance of the British Grand Prix to Formula 1 and the recognition of our ability to deliver a world-class experience to British fans who are among the most enthusiastic and knowledgeable in the world,” said Silverstone Managing Director Stuart Pringle.

“The support of local teams, and particularly British drivers on the grid, makes the atmosphere at Silverstone unique, and I look forward to leveraging this passion for our sport and taking the event to the next level in the coming decade.”

BRDC President Peter Digby added: “I am delighted that we have secured a 10-year extension to host the Formula 1 British Grand Prix at Silverstone.”

“This contractual security will provide a solid foundation for the future development of the site as we continue to enhance and transform the circuit into an all-year-round international motor sport and leisure destination.”

“The 2024 Formula 1 season will start with 9 full and honorary BRDC members on the grid, and the importance of our ongoing support for young drivers is particularly demonstrated by the success of Lewis, Lando, George, and Alex.”

British GP F1 Extension Secures 10-Year Contract. British GP F1 Extension Secures 10-Year Contract

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