British Grand Prix to enter ninth decade with new 10-year deal through 2034

Formula 1 has announced that the British Grand Prix will remain on the calendar until 2034 inclusive following a 10-year extension with promoter Silverstone and its owner, the British Racing Drivers’ Club (BRDC).

The new agreement between the three parties will see the Northamptonshire circuit race into its ninth decade, having hosted the first-ever F1 Grand Prix back in 1950.

READ MORE: Hamilton returns to track action with Mercedes after news of Ferrari switch for 2025

A host of famous F1 names have taken the chequered flag at Silverstone over 74 years of competition, from Giuseppe Farina in 1950 to Max Verstappen in 2023, while Lewis Hamilton holds a record eight British Grand Prix victories.

Two other members of the 2024 grid have claimed victory around the 5.891km, 18-corner circuit, including two-time winner Fernando Alonso and Carlos Sainz, who took his maiden win at the venue in 2022.

Recent years have seen the British Grand Prix become one of the largest attended events on the F1 calendar, with 2023 attracting some of the biggest names in sport, music and culture, as the race drew in a record crowd of 480,000 across the weekend – with over 60,000 fans camping in the local area.

Having always played a pivotal role in F1, Great Britain is also home to seven of the sport’s 10 teams, many located just a few miles from the circuit.

The 2024 edition of the British Grand Prix will take place from July 5-7.

READ MORE: Famin confirmed as Alpine team boss for 2024 season after interim period

“I am delighted to announce that the British Grand Prix will remain on the calendar for 10 more years with this agreement,” said Stefano Domenicali, President and CEO of Formula 1.

“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.

“I would like to thank Peter Digby from the BRDC, Stuart Pringle and the whole Silverstone team for their hard work and dedication to take the British Grand Prix to new heights and I look forward to working closely with them as they look to further improve the facilities and fan experience over the next 10 years.”

Peter Digby, Chairman of the British Racing Drivers’ Club, said: “I am delighted we have secured a 10-year extension to host the Formula 1 British Grand Prix at Silverstone.

“This contractual security will provide a solid base for the further development of the venue as we continue to improve and transform the circuit into a year-round international motorsport and leisure destination.

READ MORE: ‘Not the best feeling’ – Sainz sets out clear 2024 target with Hamilton poised to replace him at Ferrari

“The 2024 Formula 1 season will start with nine BRDC Full and Honorary members on the grid and the importance of our continued support of young drivers is particularly evidenced by the success of Lewis, Lando [Norris], George [Russell] and Alex [Albon].”

“This long-term commitment reflects the importance of the British Grand Prix to Formula 1 and their acknowledgement of our ability to deliver a world-class experience for the British fans who are among the most enthusiastic and knowledgeable in the world,” added Stuart Pringle, Chief Executive Officer, Silverstone.

“The cheers of support for the home teams, and particularly for the British drivers on the grid, makes the Silverstone atmosphere unique and I am looking forward to harnessing this passion for our sport and taking the event to the next level in the coming decade.”