Silverstone yesterday unveiled plans to make itself the permanent home of the British Grand Prix. The Northamptonshire circuit has already secured the rights to the British race until 2001, but the owners believe that they can ensure it stays there.
Work has been done on the track itself to increase speed and safety following advice given by the drivers after last year's race. The industrial estate which is housed in the 800-acre site will also be expanded to create a race technology park.
The owners are also hopeful that Jackie Stewart will base his new Formula One team at the circuit when his Ford-backed team begins racing in Formula One next year.
The chronic traffic congestion which also affects the British Grand Prix each year could also be eased by the end of the century, with plans to link the M40 and M1 motorways with a dual carriageway.
Rival tracks Brands Hatch and Donington - which have both previously staged grands prix - are faced with very large costs to meet new safety standards should they want to mount a challenge to Silverstone.