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MIA  MOTORSPORT INDUSTRY ASSOCIATION

Silverstone's 20 year 'masterplan' given the green light

22 Dec 2012

The Aylesbury Vale District Council and South Northamptonshire Council have given the circuit permission to push ahead with development of a business park, technology park, education campus, three hotels, a welcome centre and museum of motorsport. Other features include a kart track and outdoor stage and grandstands and support paddock.

Richard Phillips, managing director of Silverstone Holdings Ltd said: "We are delighted with the outcome and approval of this planning application - this is the most important initiative that Silverstone has taken in its 60-year history as the Home of British Motor Racing. This planning approval will help maintain Silverstone's position as a leading global centre for sport, leisure, education and technology and retain its position as a world-leading motorsport destination.

The project promises to create around 8,400 permanent jobs and 550 construction jobs per annum.

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