Why new British GP deal shows F1 and Silverstone need each other

Recent months have seen more and more venues sign up for the long term. The number of races with their slots guaranteed until at least 2030 is in double figures, with Melbourne leading the way thanks to its 2037 end date.

On the F1 side, the longer deals give the organisation a steady flow of race-hosting fee income that stretches way into the future.

For the race promoters, it was starting to look a little like a game of musical chairs, given…