BRDC gives green light to Master Plan

"This vote is a great result for the future of British motor sport," said BRDC president Damon Hill.

"The BRDC's 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.

"We can only continue to develop exciting young stars like Lewis Hamilton if we have the best facilities at which to nurture such talent.

"Having won the British Grand Prix myself I know how special it is for a driver to win their home Grand Prix, so we would very much like, as a Racing Drivers' Club, which the BRDC is, for that opportunity to be there for future generations." 

The BRDC estimates the Master Plan will allow up to six million square feet of new development over the next 10 years.

The revamp will also include concepts for new grandstands, new pit and paddock facilities, a science park, a manufacturer test centre, and a hotel and conference resource in addition to a small amount of residential development. 

Planning permission has also been given to Porsche Cars GB to develop a Porsche Driving Experience Facility at the east of the circuit.