Silverstone 'to host GP'

Track boss confident of speedy resolution

Last updated: 2nd December 2009

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Silverstone Holdings managing director Richard Phillips has revealed that a deal for next year's British Grand Prix to remain at the track is imminent.

The future of the British Grand Prix has been beset by problems, with Donington Park having been lined up for the race before being hit by financial problems.

But Silverstone, which has hosted every British Grand Prix since 1987, now appears set to retain the race next season.

Formula One supremo Bernie Ecclestone has imposed a December 9 deadline for the future of the race to be decided.

Phillips told BBC Radio Northampton: "I don't think there are any real stumbling blocks, we're going through the last details of the deal.

"I'm pretty convinced that it will be run at Silverstone next year."

The Northamptonshire circuit has been warned it must modernise facilities to keep the race long-term and Phillips added: "We've been planning for more than a year, we'll finish the track works in March and start on the new pits ready for 2011.

"We always had the faith that the Grand Prix would return. We certainly would like the contract to be for more than 10 years - that's the minimum."

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