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Last Updated: Thursday, 22 March 2007, 20:21 GMT
Caborn backs Silverstone upgrade
Richard Caborn
Caborn hopes the plans will secure the British GP welll beyond 2009
Sports minister Richard Caborn has backed a master plan from Silverstone chiefs to secure the future of the British Grand Prix.

Caborn attended a presentation made by the owners of the circuit, the British Racing Drivers' Club, to local councils and regional development agencies.

The plan includes new grandstands, pit and paddock facilities.

Caborn said: "The master plan really builds on the Silverstone brand and shows a great deal of potential."

Despite recent redevelopment, Silverstone's future as a Formula One venue remains under threat.

And BRDC president and former F1 world champion Damon Hill conceded earlier this month that the British Grand Prix was "hanging in the balance" as Middle and Far Eastern circuits became more attractive.

But the BRDC, which owns the track, hopes a redevelopment of the circuit will guarantee its place on the calendar beyond 2009.

Caborn said: "The master plan is not only important to Silverstone and its continued hosting of the British Grand Prix, but also the development of the sport in this country.

"It gives a real opportunity to British motorsport to realise its ambitions in the not-too-distant future."

Hill said: "We hope we can move forward to make Silverstone a place we can be really proud of in this country, not just for the BRDC, but also for the UK to beam motorsport and our event around the world."



SEE ALSO
Caborn backs Silverstone future
11 Jan 07 |  Formula One
Talks begin on British GP future
12 Jun 06 |  Formula One
F1 boss cagey on British GP plan
21 Apr 06 |  Formula One
BRDC leaves Ecclestone door open
13 Apr 06 |  Formula One
Delay for Silverstone renovation
22 Feb 06 |  Formula One
Silverstone seals British GP deal
09 Dec 04 |  Formula One
New lease of life for Silverstone
06 Feb 06 |  Formula One


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