The future of the British Grand Prix secured after Donington Park was given the green light for moving ahead with a proposed £100m revamp to become the home of the F1 race from 2010.

Racetrack owner Simon Gillett now has 17 months to raise the money needed to finance the construction and put it into action.

Silverstone was the home of the British Grand Prix since 1987. With approval from the Council, Donington now takes the reins, as the 10-year agreement to station the race there begins next year. Sport Industry Group