Red Bull Racing has committed its future to Milton Keynes and promised further investment.
Christian Horner, the team principal of Red Bull Racing said the company would "absolutely not" be moving to Austria where its parent company Red Bull is based.
Mr Horner added: "We're continuing to invest in Milton Keynes, to grow the facility and hopefully through what we do we've managed to put Milton Keynes a little bit on the map on the world stage."
Click below for the full interview with Christian Horner.
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Heavy showers and thunderstorms spreading north
Heavy showers and thunderstorms spreading north.
Sunny spells, but cloudier later. Risk of thunderstorms overnight.