President of the British Racing Drivers' Club Derek Warwick has said he is feeling "very positive" about the future of the British Grand Prix at Silverstone, despite the recent news that it could activate a break clause in its current deal after 2019 to drop the race.
Silverstone, which is owned and run by the BRDC, has a deal in place to host the British GP until 2026. However a letter circulated to all members before Christmas cast doubts over the future of the race, with BRDC chairman John Grant saying it isn't financially viable.
Warwick however moved to calm any fears they could dump the race, confirming they are in talks with the government about funding and with Bernie Ecclestone and new owners Liberty Media over reducing the hosting fee.
"Don't worry, we 100% have it for next three years, up until 2019," he said at the Autosport International Show.
"I have just got a feeling that, 'we can't do without the British Grand Prix, we can't do without Silverstone', so some compromise will be made, either with Bernie or the new people that are now taking over, which is Liberty.
"We have had meetings with Liberty and [F1 chairman] Chase Carey, he understands our dilemma," added Warwick. "We understand he still has to make money because that's what these guys are doing."
The overall mood at the BRDC is positive according to Warwick, who is confident they race will continue past 2019.
"There is light at the end of the tunnel, we will have grands prix past 2019.
"We're talking to government to see if there is any help there. Even Bernie is calling us and saying 'let's set up a meeting and we'll talk about it'.
"We are feeling very positive at the minute," he concluded.