Rob Bain fired a parting shot at Formula One chief Bernie Ecclestone tonight as he quit his role as one of the British Grand Prix bosses.

Ferrari’s Ross Brawn has pleaded with Formula One chief Bernie Ecclestone not to kick the British Grand Prix off the World Championship calendar.

Former Formula One world champion Jackie Stewart has welcomed the International Automobile Federation’s decision not to take the British Grand Prix off the championship calendar for next season.

The promoters of next year's British Grand Prix have announced a £10.6m investment in improving traffic flow and car parking at Silverstone in a bid to convince race bosses not to cancel the event.

The British Grand Prix has become the most expensive event of the country’s sporting ‘crown jewels’.