Caborn backs Silverstone future
The government looks set to help Silverstone with its plans to become a leading global motorsport venue. Despite recent redevelopment Silverstone's future as a Formula One venue remains under threat.
Minister for Sport Richard Caborn said: "We are looking for the development of Silverstone, probably in a way we have never seen before.
"We really do want to see it become the international centre of excellence for performance car production."
The Northamptonshire circuit is owned by the British Racing Drivers Club, whose president is former world champion Damon Hill.
F1 supremo Bernie Ecclestone recently proposed Silverstone share its place on the calendar with the French Grand Prix at Magny Cours, with the two venues alternating each season – a suggestion that was rejected. More at BBC Sport