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Silverstone poised for new deal ahead of British GP

The endangered British Grand Prix at Silverstone looks set to stay on the Formula One calendar with hopes rising that a new deal will be announced before this weekend's race.

A question mark has hung over the race's future since Silverstone invoked a break clause in 2017 that meant this year's grand prix would be the last unless a new contract was agreed. The British Racing Drivers' Club (BRDC), which owns the circuit, argued that the original long-term contract agreed with former F1 supremo Bernie Ecclestone was not financially viable.

The World War Two airfield hosted the first race of the Formula One world championship in 1950 and seven out of the 10 teams are based in Britain.