Silverstone Submits Detailed Planning Application

August 12, 2011

Home to the British Grand Prix, price ed Silverstone circuit has submitted comprehensive plans for new business and technology parks, an education campus and three hotels that would create thousands of new jobs.

The circuit put in a detailed outline planning application to Aylesbury Vale District Council and South Northants Council yesterday described as “the next step in securing the future of the circuit”.

The development would create around 8,400 permanent jobs in the firms and activities attracted to the site, plus an average of around 550 construction jobs per year throughout the development phase. At least 4,800 of these jobs are likely to be entirely new to the area.

Richard Phillips, managing director of Silverstone Holdings Ltd, said: “This is the most important initiative that Silverstone has taken in its 60-year history. Approval of this planning application will help maintain Silverstone’s position as a leading global centre for sport, leisure, education and technology.”

A final decision on the plans will be made in the future.