Silverstone To Remain Host Of The British Grand Prix For Another Decade

Silverstone will continue to stage the British Grand Prix until 2034 after a new agreement was reached with Formula 1. (Credit: Matthew Childs/Reuters)

The British Grand Prix will continue to be held at Silverstone Circuit until 2034 after Formula 1 struck a new long-term agreement for the race to stay on the calendar and remain at the iconic venue.

The new agreement is reported to be worth close to £30 million per year. The circuit is currently owned by the British Racing Drivers' Club (BRDC).