CEO claims Silverstone should retain the F1 race 'indefinitely'

CEO claims Silverstone should retain the F1 race 'indefinitely'

      "There is no other venue in the UK capable of hosting an event like this."

      Silverstone is likely to retain its Formula 1 race indefinitely. The British Grand Prix venue was the site of the very first modern F1 world championship race back in 1950, and this week, F1 CEO Stefano Domenicali celebrated this milestone with a visit to Downing Street and UK Prime Minister Keir Starmer.

      At the beginning of last year, Silverstone secured a 10-year extension to its contract with the sport, ensuring its annual presence on the calendar until 2034. This agreement alleviated concerns that the track, along with other long-standing European circuits, might lose its spot due to increasing hosting fees and F1’s expansion into new markets.

      Domenicali expressed confidence that Silverstone's place is secure even beyond 2034. "I believe that Silverstone has the right qualities to remain on the calendar indefinitely, as there’s no other location in the UK that can host an event like this," he stated.

      Nonetheless, he acknowledged some apprehensions regarding the post-Brexit landscape, mentioning potential "issues with visas and travel." "We shouldn’t face limitations on our ability to stay here for a weekend because we're coming from another country," the Italian remarked. "Additionally, it’s important to highlight that Silverstone is the largest sporting event in the UK, and we must ensure that we adhere to the plans appropriately."

Other articles

Schumacher forecasts the conclusion of Tsunoda's F1 career. Schumacher forecasts the conclusion of Tsunoda's F1 career. Formula 1 | Yuki Tsunoda's aspiration to move up to the Red Bull seat has set the stage for his departure from Formula 1. This is the opinion of former F1 driver Ralf (…) Bottas ought to seriously evaluate the Alpine proposal. Bottas ought to seriously evaluate the Alpine proposal. Formula 1 | An F1 analyst suggests that Valtteri Bottas should consider carefully before accepting any proposal to return to a Formula 1 car during the season. (…) Photo gallery: 07/03. British Grand Prix, Thursday Photo gallery: 07/03. British Grand Prix, Thursday © F1News.Ru Editorial Office 1997-2025. Media Registration Certificate No. FS77-29173. Registered by the Federal Service for Supervision of Communications, Information Technology and Mass Media. The Assen director anticipates that Formula 1 will cut back on European races. The Assen director anticipates that Formula 1 will cut back on European races. Formula 1 | Assen, a track featured on the MotoGP schedule, has tempered expectations regarding the potential retention of Formula 1 in the Netherlands. Recently, Max Verstappen revealed a (…) Doornbos: I am completely certain about the clauses. Doornbos: I am completely certain about the clauses. Formula 1 | A well-regarded Formula 1 broadcaster suggests that Max Verstappen has now shown interest in the prospect of moving to Mercedes next year. According to a report from Sky (…) Lance Stroll: I don't like the essence of the new regulation. Lance Stroll: I don't like the essence of the new regulation. More and more drivers are gaining insights into the next-generation cars after working on a simulator with the 2026 prototype. Among them is Lance Stroll, who was not satisfied with the virtual model of the car due to reduced downforce and the increased role of electrical components in the power unit.

CEO claims Silverstone should retain the F1 race 'indefinitely'

Formula 1 | Silverstone is expected to retain its Formula 1 race without any problems - possibly indefinitely. The British GP location was the site of the inaugural modern F1 event.