Formula One CEO Stefano Domenicali has indicated a strong desire to keep the British Grand Prix at Silverstone permanently, stating his willingness to discuss a new, long-term deal.

"Silverstone deserves to be on the calendar. It is forever," Domenicali told Daily Mail Sport. He emphasized that no other venue in the UK, such as Brands Hatch or Donington, possesses the necessary capacity to host a Formula One event of Silverstone's scale.

This commitment comes as Silverstone prepares to host a record-breaking crowd for the upcoming British Grand Prix. An estimated 565,000 fans are expected to attend over the four-day event, surpassing the previous attendance record set in Adelaide 31 years ago by 45,000. Tickets for Sunday's race alone have reached 175,000, another new benchmark, reflecting the current popularity of the sport and the success of British drivers.

Silverstone's current agreement with Formula One Management, signed in 2024, is a 10-year deal valued at £300,000. This contract marked a departure from the piecemeal agreements common during the Bernie Ecclestone era, which often caused friction with the circuit's owners, the British Racing Drivers' Club.

Domenicali acknowledged the logistical challenges presented by large crowds but praised Silverstone's efforts in managing them. He also stressed the importance of continuous improvement for the venue.

"This does not mean that Silverstone shouldn’t try to improve the quality of the offering every year. That is Formula One. They cannot sit back on their heritage but in the last few years they have grasped the need to provide the best product they can for the fans," he stated.

Domenicali also dismissed the possibility of a street circuit in London, deeming it impractical.

Silverstone holds historical significance in motorsport, having hosted the first world championship Grand Prix in 1950. It served as the sole venue for the British Grand Prix from 1987, after previously alternating with Aintree and Brands Hatch.