F1 News - Silverstone marks 70 years since first Grand Prix
It is 70 years since Silverstone, a former RAF base, hosted its first British Grand Prix, on 2 October 1948.
An estimated 100,000 people turned up to watch the event, held on a circuit marked by hay bales and ropes.
After spells alternating with Aintree and Brands Hatch, it has been the British Grand Prix's permanent home since 1987.
But the race's future is uncertain, as Silverstone's contract to host it ends after next year's event.
The British Racing Drivers' Club, which owns the circuit, is struggling with the financial cost of hosting it and negotiations with Formula 1 are still ongoing.
Speaking to BBC Radio Northampton on Tuesday, the circuit's managing director Stuart Pringle said he "remains optimistic" of a new deal.
"The good news is that they [Liberty Media, F1's new owners] are on record as saying they want to continue to have a British Grand Prix at Silverstone," he added.
"And we are absolutely committed to trying to have one if we can possibly afford it. As always with these things it's a small commercial disagreement."
Silverstone by numbers
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October 2, 2018 at 04:27AM