The iconic Silverstone circuit will remain the home of the British Grand Prix, this after Formula 1 confirmed a five-year contract extension to keep the race in Northamptonshire.
Britain staged the first F1 championship race at the circuit way back in 1950 and the track has been the home of the event since 1987.
There were growing fears, though, that that would all end, but Formula 1 has now confirmed that Silverstone will continue to host the British GP until at least the 2024 season.
Read more: Hamilton wants Silverstone to stay on the F1 calendar
"We always have said that, if it to have a long-term future, our sport must preserve its historic venues and Silverstone and Great Britain represent the cradle of this sport, its starting point back in 1950," F1 chairman Chase Carey said as per Sky Sports News.
"Today, Formula 1 is a global sport, held on five continents, watched by an audience of over 500 million fans around the world and our aim is to grow this number by bringing the sport we love to new countries, while also maintaining its roots: Silverstone and the British Grand Prix are an integral part of that vision."