London: The home of the British Grand Prix, regularly slated by Formula One supremo Bernie Ecclestone, unveiled a revamped circuit to take it into a new era.
With Britain's Prince Andrew cutting a ribbon to open the new Silverstone track and then being driven around by 1996 Formula One champion Damon Hill in a two-seater race car, Silverstone's owners predicted a bright future for the former World War Two airfield.
The circuit, which hosted the first Formula One championship race in 1950 and last year agreed a 17-year deal for the British Grand Prix, includes MotoGP and world superbikes on its calendar.
"The development of Silverstone really is the crowning glory, and symbolises as a material representation of everything this country has done...in their successes on the track," declared Hill, president of the British Racing Drivers' Club that owns the track.
"This is a new circuit for a new generation of people to enjoy motorsport in the way we think they should and we hope it's also going to offer an incredible challenge to the drivers of the future."
The new layout, part of a major redevelopment that will have cost the BRDC nearly 40 million pounds (USD 60.99 million) by the end of next year, includes six new corners and is also longer.
The pits will be relocated and a new Wellington Straight should become the fastest part of the circuit instead of Hanger.
First Published: Thursday, April 29, 2010, 22:14