The British Grand Prix, the oldest round of the F1 world championship, will continue to be held at Silverstone after this year following a renewal of the agreement between Liberty Media and the BRDC.
The venerable British Racing Drivers’ Club had activated an exit clause from its contract to avoid a runaway inflation in the price to pay to receive Formula 1 every summer in Northamptonshire.
The negotiations have come to fruition with the Formula One Group and that the Silverstone circuit will still be the scene of the British Grand Prix from 2020 until at least 2022.
The promoters of F1 had considered an alternative to London, on the docks along the Thames, and do not reject the idea of a second Grand Prix by 2021 even if the Formula E has meanwhile grilled politeness by confirming a London E-Award in a similar environment.
On the other hand, the 2020 calendar should take shape in the coming weeks with the expected announcement of the return of the Dutch Grand Prix on the Zandvoort circuit in addition to the formalization of the entry of Vietnam into the championship of the world.
Holland would take the place of Spain, while Monza will be extended until 2024 which will allow the Milan racetrack to celebrate with pomp the centenary of the Italian Grand Prix in 2022.
The president of the AIC, Angelo Sticchi Damiani, also posted on Twitter , adding: “We will continue negotiations with @F1 to quickly reach the signing of the contract.”
Monza, which first hosted an Italian GP in 1922, is one of the most beloved tracks on the circuit. No circuit has hosted more F1 racing. It was on the inaugural 1950 calendar and dropped off only in 1980 when Imola hosted the Italian GP.
The Italian GP also set to continue at Monza. (Souce:www.autosport.com)
In financial difficulties, the Brazilian Grand Prix could leave Sao Paulo to return to Rio de Janeiro on a new circuit yet to build. Finally, there is talk of a South African candidacy on a track Kyalami brought up to date.