New deal set to keep F1 at Silverstone

The British Grand Prix looks almost certain to be saved this week as both sides in the long-running saga work frantically towards securing its survival. An announcement is expected ahead of Sunday's race that a new multi-year contract has been struck between Silverstone and Liberty Media, the owners of Formula One, saving the world championship's oldest and best-attended venue. Negotiations hurried up after this newspaper reported last month that the race was in jeopardy, over the spectre of a rival Grand Prix in London, on the basis, supposedly, that this new event would hit Silverstone's pockets by taking away fans.

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