Formula 1's Managing Director of Motorsports Ross Brawn says series chiefs “want to do all we can” to safeguard the future of the British Grand Prix at Silverstone.
The British Grand Prix is one of the most historic events on the schedule and has been held at Silverstone since 1987, with only the Hungaroring, Monaco and Monza enjoying longer unbroken spells on Formula 1's calendar.
A new deal that came into effect in 2010 secured the race’s future through 2026, albeit with a break clause installed post-2019, which was activated by Silverstone chiefs last year.
Under current conditions, next year’s British Grand Prix will be the last held at Silverstone, though Brawn is hopeful that a positive resolution can be reached to ensure the event continues into the 2020s.
“Silverstone is a special event on the calendar and we want to do all we can to ensure it stays on the schedule for a long time,” said Brawn.
“We are working hard with the BRDC [British Racing Drivers’ Club, Silverstone’s owners] to try to reach an agreement that is satisfactory for both parties and we’re doing it methodically, sensibly and without fanfare.
“It’s always better to work out this kind of arrangement behind closed door and away from sensational headlines.
“There’s still plenty of time to work things out, without having to rush or to succumb to media pressure.
“The British Grand Prix is one of the four races that featured in the first year of the World Championship back in 1950 and we want it to stay there for the long term, as this is one of the true homes of motorsport.
“When there will be something to announce, we will be the first to do so and the fans, the sport’s most important asset, will be the first to know.”
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