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9th November 2007

The UK’s Sports Minister Gerry Sutcliffe has given his support to the recently unveiled plans for the redevelopment of the Silverstone race circuit near Northampton, which are aimed at securing the future of the Formula One British Grand Prix at the venue, but has ruled out any government funding for the project.

Speaking at Silverstone on Thursday Sutcliffe said, "We want to see a British Grand Prix here at Silverstone and will do everything that we can to support that happening.

“We've been asked to support sustainable development which has lots of vision in it and has the opportunity for the government to support in a variety of creative ways.

"We have talked about this fantastic decade of sport in Britain coming up with the Olympics, possibly the Commonwealth Games and the rugby and football World Cup bids.

"To lose the British Grand Prix would be a massive blow and we really don't want to do that."

Asked whether support would include financial assistance Sutcliffe said, "We can't do that and we've not been asked to do that at this stage."

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