Formula One has confirmed the British Grand Prix will remain at Silverstone until 2024, ending two years of speculation about the future of the race.
The new agreement was signed in London on Tuesday by Formula One and the British Racing Drivers' Club (BRDC), which owns Silverstone.
The future of the race was thrown into doubt in 2017 when Silverstone exercised a break clause in its existing contract that meant 2019 would be the last race at the former RAF airfield. The BRDC argued that the original contract -- agreed with former F1 boss Bernie Ecclestone and due to run until 2027 -- was not financially viable for Silverstone after it made combined losses of £7.