BRITISH GP bosses have agreed a new 10-year deal with Formula One keeping the race at Silverstone.

The deal is expected to cost around £300 million and run until 2034 – safeguarding the UK’s home race on the F1 calendar.

Silverstone have announced a new ten-year deal to stay on the F1 calendar
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Silverstone have announced a new ten-year deal to stay on the F1 calendarCredit: AFP

Silverstone attracted a record crowd of 480,000 people in 2023
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Silverstone attracted a record crowd of 480,000 people in 2023Credit: PA
Last year the race attracted a record crowd of 480,000 across the weekend with more than 60,000 fans camping in the local area.

This year’s race will be another sell-out boosted by concerts by Stormzy and Kings of Leon.

Stefano Domenicali, President and CEO of F1, said: “I am delighted to announce that the British Grand Prix will remain on the calendar for ten more years with this agreement.

“Silverstone is an iconic venue at the heart of F1 history and as it approaches its ninth decade hosting Grands Prix, the event continues to attract fans from around the world for fantastic racing on track and the amazing fan experience off it.”