RAF Silverstone
Today the airfield is a major racing circuit known as Silverstone Circuit. The circuit hosted the first ever Formula One World Championship race, the 1950 British Grand Prix, held on 13 May 1950. Since 1987 the track has hosted the British Grand Prix every year. The airfield's three runways, in a standard World War II era triangle, lie within the outline of the classic racetrack; after recent development of a new section of track, the main runway is transected by the circuit. Sections of two runways are used for the smaller south circuit.
Development history of Silverstone Circuit
On 20 June 2009 Bernie Ecclestone stated that there would be a British Grand Prix at Silverstone in 2010 if Donington was not ready to host it. When asked why he had moved from his previous "Donington or nothing" standpoint he cited changes in the structure of the BRDC meaning there was a better way of negotiating with them over future commercial rights. Furthermore during an interview with the BBC about the Formula One Teams Association threatening to break away and form their own series, FIA president Max Mosley said it was "highly likely" the 2010 British Grand Prix would return to Silverstone. On 24 October 2009, BBC News reported that Donington had failed to raise the £135 million needed to stage a British Grand Prix, that Donington's bid 'looks over' and that Bernie Ecclestone had offered the race to Silverstone, but that the terms appeared to be the same as those that the Circuit rejected the first time around.