Contract Technology Of IDR 579 Billion Per Year, Silverstone Circuit To Host The British GP Until 2034

JAKARTA - The Silverstone Circuit will remain the host of the British Grand Prix until 2034. This is after the British Racing Drivers Club (BRDC) as the operator and owner of the Formula 1 group Liberty Media signed a contract of US$37 million (Rp579 billion) per year.

"I am pleased to announce that the British Grand Prix will remain in the calendar for the next 10 years with this agreement," said F1 President Stefano Domenicali as quoted by AFP, Thursday (8/2) local time.

The Silverstone Circuit in Northamptonshire has been holding world championship races since 1950 and the British Grand Prix has always been registered in the F1 calendar for more than 70 years.

The 5.9 km track arena with 18 race corners covering eight left and 10 right turns set a record 150,000 spectators as they watched Max Verstappen win the British Grand Prix last year.

Silverstone Chief Executive Stuart Pringle added that Silverstone has a uniqueness in the form of a different atmosphere for each team that races, especially for teams from England.

"The spirit of support for the home team and especially for British racers on the grid make the atmosphere of Silverstone so unique," he said.

"This long-term commitment reflects the importance of the British Grand Prix for Formula 1 and their recognition of our ability to provide world-class experiences," said Stuart Pringle.

Silverstone will hold the British Grand Prix on July 7th. The 2024 Formula 1 season will open in Bahrain on March 2.