Silverstone has taken a further step forward with its plans for future development at the circuit.
The circuit owners have submitted a planning application to the local council to construct a series of new buildings.
They will include a business park, technology park, education campus, three hotels, spectator facilities, kart track and outdoor stage.
The new spectator facilities will include a welcome centre and a museum of motor sport.
Silverstone managing director Richard Phillips described the development as “The most important initiative that Silverstone has taken in its 60-year history.
“Approval of this planning application will help maintain Silverstone’s position as a leading global centre for sport, leisure, education and technology and support its vision of becoming a world-leading motor sport destination.”
British Racing Drivers?óÔé¼Ôäó Club Stuart Rolt said: “The submission of this planning application is a big step forward in releasing the commercial potential of Silverstone and its 760 acre erstate.
“The timing of this planning application is closely linked into the process we are currently undergoing to seek potential investment from third parties that will enable us to move forward with our plans more rapidly.”
Last month Silverstone held its first Grand Prix using its new pit and paddock complex, The Wing, following changes to the circuit layout made last year.
2011 F1 season
- New video of Maldonado and Hamilton’s Monaco crash
- How well do you remember the 2011 F1 season? Take the F1 Fanatic quiz
- The 2011 F1 season: The complete F1 Fanatic review
- Your 2011 F1 predictions revisited
- Barrichello tipped to stay at Williams
- 2011 F1 statistics part 3: Stats and facts highlights
- 2011 F1 statistics part two: Vettel’s domination
- 2011 F1 statistics part one: car performance
- New 2011 rules produced best racing of last four years
- What F1 Fanatics really thought of the 2011 season
Browse all 2011 F1 season articles