F1: A Short History of the British GP at Silverstone

F1: A Short History of the British GP at Silverstone

F1: A Short History of the British GP at Silverstone

$RACE, $LMCA

France may have played host to the 1st Grand Prix race in Y 1906, but it was Great Britain and Silverstone where the 1st official F1 Grand Prix was held in Y 1950.

Other than the Italian round of the championship, the British Grand Prix is the only ever-present event on the calendar and there have been some memorable races across that frame.

Silverstone 1st hosted a Grand Prix 2 years prior to the launch of F1, so this weekend will be a celebration of 70 years of Grand Prix racing at the circuit . The layout from Y 1950, though changed in the modern iteration, is still recognizable as Silverstone.

The legendary corner names of Stowe, Copse, Woodcote, Chapel and the fearsome Maggots/Becketts complex remain although all have underwent changes since 13 May 1950.

While the spiritual home of the British Grand Prix is Silverstone, it is not the only venue to have held the event.

Between Y’s 1955 and 1961, the Grand Prix alternated between Silverstone and Aintree, home of the Grand National horse race, and between Ys 1963 and 1986 hosting was shared with the 2nd most famous British circuit, Brands Hatch.

Monaco will always be the most iconic of Grands Prix, but Britain and Italy are right up there in terms of status.

Despite doubts over the future of the British Grand Prix and the split clause in the contract having been activated last year due to costs spiraling out of control, Liberty Media (NASDAQ:LMCA) has made clear its intention to retain the historically important Grands Prix.

With 8 of the 10 teams: MercedesAMG, Red Bull Racing, Williams, Toro Rosso, McLaren, Force India, Renault and Haas all having a base of operations in the UK, it cannot be underestimated just how important this particular round is to the Championship.

Ferrari (NYSE:RACE) is HQ’s in Maranello, Italy.

The Big Q: Can Liberty Media and the British Racing Drivers Club hash out a new deal?

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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