New contract: Formula 1 comes to Silverstone by 2024

Both sides announced this on Wednesday before the British Grand Prix (Sunday, 15.10:1 p.m.). “We are thrilled that we have implemented this. “Silverstone is one of the signature races on the calendar and a special event,” said Formula XNUMX Managing Director Chase Carey. Silverstone circuit manager Stuart Pringle said: “The British Grand Prix at Silverstone is rightly considered one of the highlights of the World Championship. Our track is one of the greatest in the world, plus the passion of our loyal and knowledgeable fans. Not being able to host a race would have been devastating, so I’m really happy.”

This ends years of uncertainty about the future of the track where the first race in Formula 1950 history took place in 1. Silverstone had terminated the contract, which originally ran until 2026, using a clause this year because the race no longer seemed feasible under the original contract conditions. Recently, Silverstone's future was also in question as the Formula 1 owners Liberty Media are also thinking intensively about a city race in London. Nevertheless, the agreement has now been reached with the route 80 km away from the capital, so Liberty continues to fulfill its announcement.

After taking over the sport in 2017, the Americans asserted that they wanted to stick to the historically important routes in Europe despite a planned restructuring of the calendar. An agreement was already reached in April to retain the Italian Grand Prix in Monza. The German Grand Prix, which will take place again this year on July 28th, is still on the verge of being canceled. For the coming season, Hockenheim is one of the candidates for cancellation because two new routes, Zandvoort/Netherlands and Hanoi/Vietnam, are being added.

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New contract: Formula 1 comes to Silverstone by 2024

Formula 1 will continue to head to one of its most traditional venues in the coming years. The racing series has extended the contract with the track in Silverstone, England, by five years until 2024.

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