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Silverstone and Formula 1 reportedly ready for new deal

Silverstone is finally set to extend its deal with Formula 1, keeping the British Grand Prix on the sport's calendar in the coming years, according to Auto Motor und Sport. The future of the British Grand Prix has been in jeopardy since 2017 when the BRDC - owners of Silverstone Circuit - activated a break-up clause in its contract with F1 as it was no longer in a position to assume the escalating fee linked to hosting the British Grand Prix. Since, Silverstone has been searching for a better deal, seemingly with the cooperation of F1 commercial rights holder Liberty Media, although the latter insisted that alternatives to Silverstone were being considered. Shanghai to kickstart global F1...
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