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Regardless of the weather this weekend, a cloud hangs over this historic event. The British Racing Drivers’ Club (BRDC), which owns the Silverstone circuit, has struggled in recent years with the cost of staging a Grand Prix.

The hosting fee it has to pay Formula One goes up by five per cent a year (it’s £17 million this season) and the resulting financial losses mean the BRDC may, before this year’s event, trigger a break-clause to end its contract by the close of 2019 – unless there’s a last-minute concession by the sport’s new owners.

On the track, Lewis Hamilton will hope to win the race for the fourth year running in front of a passionate home crowd.

Qualifying: Saturday 15 July

Coverage is live on Channel 4 from 8.50am and Sky Sports F1 from 9.45am (practice starts at 10am, qualifying starts at 1pm)

Race Day: Sunday 9 July

Live coverage is on Sky Sports F1 and Sky Sports 1 from 11.30am and Channel 4 from 12pm (start time: 1pm).

Where else can I follow the British Grand Prix?

BBC Radio 5 Live has race day coverage from 1pm on Sunday.

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Formula 1 2017 race calendar and TV schedule

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An image depicting a festive scene with iconic Christmas elements such as a beautifully decorated Christmas tree with twinkling lights, snow gently falling, and perhaps a cozy fireplace in the background. The image should capture the essence of popular Christmas songs, with musical notes and lyrics subtly included in the design, representing a playlist of classic Christmas tunes.

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Immediate’s iconic brands reach 21m people every month – that’s more than a third of the UK’s adults – through its world-class magazines, innovative digital products and exciting live eventsImmediate’s iconic brands reach 21m people every month – that’s more than a third of the UK’s adults – through its world-class magazines, innovative digital products and exciting live eventsImmediate’s iconic brands reach 21m people every month – that’s more than a third of the UK’s adults – through its world-class magazines, innovative digital products and exciting live events

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