Sign in or Register | Newsletter
 
 
Register today to receive each issue absolutely FREE!




Richard Mann, market development director at the NEC asks who owns...

EN’s Annie Byrne meets River Street Events’ MD Laura Biggs who...

ASP trio Jon Benjamin, Arran Coole & Jon Small talk tech innovation,...

Exhibition News March 2015
March 2015

Silverstone gains approval for destination transformation
posted on: 19/12/2011 10:20:12
silverstone wing

The world-famous Silverstone Circuit in the East Midlands has gained planning approval for an outline application supporting a 20-year masterplan to expand its world-famous Formula 1 circuit site into an international events, leisure and business destination.
 
The news comes as the owners put the final touches to their new events space and hospitality complex, The Silverstone Wing, which opened for business in 2011 and is due to be fully completed in May 2012.

The new facility is part of a £27m redevelopment at the site, which included fresh pit and paddock facilities, smaller conference and meeting rooms, VIP hospitality areas and a view across the start and finish line of the Formula 1 circuit.
 
The latest outline planning application approved in December will see three hotels built onsite, along with business and technology parks, an education campus, ancillary retail and spectator facilities including a museum of motor sport, an outdoor stage and an experiential automotive display. The plans had to be approved by both Aylesbury Vale District Council and South Northamptonshire Council.
 
According to site owners the British Racing Drivers’ Club (BRDC), development of the masterplan will realise the broader potential of the Silverstone site and further strengthen its position as an events destination 365 days a year. The development is expected to create 8,400 permanent jobs with firms and activities attracted to the site, plus an average of 550 construction jobs per year throughout the development phase.
 
Silverstone Holdings MD Richard Phillips said the masterplan is the most important initiative in its 60-year history.
 
“This planning will help maintain Silverstone’s position as a leading global centre for sport, leisure, education and technology and retain its position as a world-leading motor sport destination,” he said.
 
The development of hotels onsite is expected to be a major plus for attracting event organisers to the new Silverstone Wing. The complex offers 3,700sqm of exhibition space across three connected halls and has already secured several significant exhibitions this year including Fleetworld and the Helicopter Show.
 
Event security and safety company G4S Events is currently on a two-year contract at Silverstone Circuits to offer a broad range of services for events at the venue.
 
Got a news story for Exhibition News? Email us: exhibitionnews@mashmedia.net


Print:
Email:
Share article:

COMMENTS
Would you like to Leave a Comment?

LATEST NEWS
Organiser UBM has announced the formation of a new product group, UBM Life Sciences, which will operate within the UBM Americas division.

AEO extends N200 partnership in 2015
posted on: 26/3/2015 10:28:31
The Association of Event Organisers (AEO) has renewed its partnership for 2015 with event registration, ticketing and data intelligence business, N200, a GES Global Company.

North London venue Alexandra Palace has been awarded £18.8m funding from the Heritage Lottery Fund (HLF), towards a major regeneration project.

Anita Lowe announces new business venture
posted on: 26/3/2015 09:36:36
Anita Lowe has launched a new venue-finding agency in Swindon, Venues and Events International, following her departure from Bluehat Group.

The Care Show underway in Bournemouth
posted on: 26/3/2015 09:24:02
More than 2,500 delegates are expected to attend this year’s The Care Show, currently running at the Bournemouth International Centre (BIC).