Plans to redevelop land surrounding the Silverstone race circuit in Northamptonshire, have been unveiled by its site owners, the British Racing Drivers Club.
London commercial property firm MEPC has paid £32 million for a 999 year lease.
A mixture of commercial, engineering and leisure projects are earmarked for the land, which has planning permission. It's part of a long-term business strategy for the complex.
More top news
Keiran Sandwell is walking 5000 miles around the coast with his new heart hoping to raise £100,000 for the British Heart Foundation
A woman from Cambridge says her council has gone too far after it fined her for leaving rubbish next to a recycling bin which was full.
Thomas Eastwood, 22, has been sent to prison for 10 years after throwing a corrosive liquid at a man who broke up a fight in Essex.