Multi-million pound project to be built around Silverstone

Silverstone race circuit in Northamptonshire
Silverstone race circuit in Northamptonshire Credit: Rui Vieira/PA Wire

A multi-million pound project to develop land around the Silverstone race circuit in Northamptonshire has been unveiled.

The news comes ahead of this weekend's 50th British Grand Prix to be held at Silverstone.

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Thousands head to Silverstone ahead of 50th British GP

Thousands of motor racing fans are expected at Silverstone today for Friday's practice sessions ahead the 50th British Grand Prix at the Northamptonshire circuit.