Silverstone reaches deal to host two F1 races

Silverstone had reached an agreement with Formula 1 to host two behind-closed-doors grands prix this summer.

Silverstone reaches deal to host two F1 races

The circuit has been in discussion with F1 owners Liberty Media for some weeks about the commercial terms, with the usual situation of a hosting fee arrangement paid by the circuit replaced by a deal where F1 pays the costs of running the event.

The two parties had different ideas about what constituted an appropriate deal, with F1 CEO Chase Carey noting recently that "whether it's the teams, or promoters or sponsors we're not going to be handing out candy to everybody."

A deal has now been struck and, now the two organisations are working through the remaining details.

The races are likely to take place on July 26 and August 2, leaving the original British GP date of July 19 as a free weekend, which will create a gap to the events in Austria. However, that has not yet been confirmed.

The arrangement remains provisional pending government regulations that might be in place at that time. Prime Minister Boris Johnson recently announced a 14-day quarantine for overseas visitors.

Silverstone boss Stuart Pringle told Motorsport.com: "I am delighted to confirm that Silverstone and F1 have reached an agreement in principle to host two races behind closed doors this summer.

"However these races will be subject to Government approval, as our priority is the safety of all involved and strict compliance with COVID-19 regulations.

"I would like to thank all our fans who have been so supportive throughout this and to assure them we are determined to do all we can to help F1 put on a show this summer."

Read Also:

There has been no formal confirmation from the F1 organisation. A spokesman told Motorsport.com: "We are continuing to work with all promoters on a revised calendar."

That schedule remains fluid, although Holland, Canada and Singapore are absent from the current version.

F1 had some positive news today when Spa confirmed that the Belgian government has provisionally approved a closed doors race, despite a mass event ban that runs to the end of August.

shares
comments
My job in F1: The TV cameraman
Previous article

My job in F1: The TV cameraman

Next article

Vettel was never considered for McLaren drive - Brown

Vettel was never considered for McLaren drive - Brown
Load comments
The underdog F1 squad that thrust Senna into the limelight Prime

The underdog F1 squad that thrust Senna into the limelight

The Toleman TG184 was the car that could, according to legend, have given Ayrton Senna his first F1 win but for Alain Prost and Jacky Ickx at Monaco in 1984. That could be stretching the boundaries of the truth a little, but as STUART CODLING explains, the team's greatest legacy was in giving the Brazilian prodigy passed over by bigger outfits an opportunity

Why Aston Martin is unlikely to repeat Jaguar’s F1 mistakes Prime

Why Aston Martin is unlikely to repeat Jaguar’s F1 mistakes

Two famous manufacturer teams born out of humble midfield origins, splashing the cash while attempting to rise to the top of F1 in record time. There are clear parallels between Lawrence Stroll’s Aston Martin and the doomed Jaguar Racing project of 22 years ago, but Mark Gallagher believes struggling Aston can avoid a similar fate.

Formula 1
May 15, 2022
How rejuvenated Haas recovered its F1 mojo Prime

How rejuvenated Haas recovered its F1 mojo

US-owned but until recently Russian-backed, Haas seems to have reached a turning point in car performance after three gruesome seasons. And it needs to if it’s to attract fresh investment. Team boss Gunther Steiner tells Oleg Karpov how close Haas came to the abyss.

Formula 1
May 14, 2022
How F1 race leaders have now lost their comfort blanket Prime

How F1 race leaders have now lost their comfort blanket

As Formula 1 teams have settled down in understanding the new generation of cars and the way they need to maximise their performance, fresh lessons have emerged. Jonathan Noble investigates how they have brought with them an all-new kind of grand prix racing

Formula 1
May 12, 2022
Gilles Villeneuve's 10 greatest F1 drives Prime

Gilles Villeneuve's 10 greatest F1 drives

Formula 1 lost one of its brightest stars when Gilles Villeneuve was killed during practice for the 1982 Belgian Grand Prix. Forty years on, Motorsport.com picks out the greatest drives by a Ferrari legend

Formula 1
May 11, 2022
The silver lining of Ferrari’s Miami GP defeat Prime

The silver lining of Ferrari’s Miami GP defeat

OPINION: Much was made of Formula 1’s first Miami Grand Prix – what turned out to be a very ‘marmite’ event for both those in attendance and everyone following on TV. But even as the on-track battle between Red Bull and Ferrari it produced continued the negative run of results for the red team, it contained a glimmer it must hope continues to shine

Formula 1
May 11, 2022
How imperfect Miami offered F1's drivers a unique challenge Prime

How imperfect Miami offered F1's drivers a unique challenge

OPINION: Despite all of the stylistic embellishments festooning Formula 1's inaugural Miami Grand Prix, the Miami International Autodrome offered the drivers a unique challenge and punished driver errors; a stark contrast to the usual cast of modern-day circuits

Formula 1
May 10, 2022
Why F1’s turbulent relationship with Russia is nothing new Prime

Why F1’s turbulent relationship with Russia is nothing new

Russia’s involvement in Formula 1 has been big on promise but short on delivery – then reached the end of the road prematurely. MARK GALLAGHER investigates why

Formula 1
May 10, 2022