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Silverstone receives lottery funding

ESPN Staff
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Silverstone has a long-term redevelopment vision © Getty Images
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Silverstone has been allocated an initial £446,068 of lottery funding ahead of a bid for £9.1m from the Heritage Lottery Fund (HLF).

The funding is for a British Racing Drivers' Club (BRDC) project named 'Silverstone Heritage Live' which is designed to bring the circuit's history to life and will feature 'the BRDC archive, a heritage trail and live interactive experiences within a Heritage Hub located at the entrance to the circuit'. BRDC chairman Stuart Rolt said it is important for Silverstone to share its history with the public.

"We are very proud to have won this grant and are extremely excited about the project," Rolt said. "The BRDC and Silverstone have played an important part in the history of British motor sport, and the Silverstone Heritage Hub will give us an opportunity to share this with motor sport fans from around the world.

"The experiences, memories and collections of the BRDC Members, fans and others associated with the sport provide a unique resource with which to tell the compelling story of Silverstone and British motor sport, and we believe the Heritage Centre will increase our visitor number by over 300,000 each year."

While cash will be added to the initial grant, the approval acts as a first round pass towards a full grant of £9.1m which the BRDC will apply for in November 2014.