Sign in or Register
 
 
Exhibition News Race Day
Register today to receive each issue absolutely FREE!




The launch of London Technology Week drew together a cast of...

Should you open your doors to all and sundry or handpick the brands...

When it comes to insurance, it’s easy to be wise after the event....

Exhibition News July 2014
July 2014

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
Genting still in line for NEC bid?
posted on: 31/7/2014 17:29:06
Genting, the company behind the casino development at The NEC, has refused to rule itself out of the bidding for the NEC Group.

The London Boat Show has harnessed young talent from Central Saint Martins, part of University of the Arts London (UAL) to add a modern design edge to next year’s event.

UBM secures Seatrade purchase
posted on: 31/7/2014 14:38:30
UBM has expanded its global portfolio of events serving the cruise and general maritime industries with the acquisition of organiser Seatrade Communications.

AEO announces DB Schenker partnership
posted on: 31/7/2014 12:48:50
The Association of Event Organisers (AEO) has signed an exclusive 12-month agreement with leading events logistics company DB Schenker to become its official logistics partner.

I2i partners with social media firm InGo
posted on: 31/7/2014 11:36:32
I2i has announced a link-up with social networking tool InGo to support seven of its 2014 shows including Autumn Fair and Pure London.