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F1 'hopeful' of new deal with Silverstone

Formula One's commercial boss Sean Bratches remains hopeful a new deal can be struck with Silverstone over the future of the British Grand Prix, but says a race in London remains the ideal scenario.

The future of the British Grand Prix has been uncertain ever since Silverstone activated a break clause last year that made the 2019 race the last of its current contract. The circuit has made clear that it wants to keep hosting the race but was not able to continue on the terms of its existing deal, which was originally due to run through to 2027 with escalating hosting fees each year.