2011 F1 season
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’ 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.
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