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    Silverstone: A Formula 1 Icon with a Rich History

    As the Formula 1 calendar unfolds, attention turns to one of the most iconic circuits in the world – Silverstone. This former airfield, home to the legendary Wellington bomber during WWII, has been hosting Formula 1 races since 1948. In this article, we delve into the fascinating history and intriguing facts about Silverstone, the venue of the British Grand Prix.

    The First Formula 1 Race

    Did you know that Silverstone hosted the very first Formula 1 race, officially titled the Grand Prix d’Europe? The average age of the drivers was 39, with a field that included a Thai Prince, a Swiss baron, and a London-born Belgian jazz singer named Johnny Claes. Giuseppe Farina, driving an Alfa Romeo 158, claimed the first Formula 1 victory, taking home a prize of £500 – equivalent to around £21,500 today.

    Corners of Saints and Monks

    Silverstone’s circuit boasts eight left turns and ten right, with interesting names inspired by its history. The Luffield Priory, which housed Benedictine monks between 1116 and the late 16th century, has two corners named after it. Becketts and Chapel are named in honour of medieval Saint Thomas A’Becket, whose chapel stood nearby. The third corner in that section, Maggots Moor, is the fastest of all, with drivers experiencing lateral G-forces of 4.5 at more than 180mph.

    Sharing the Spoils

    Believe it or not, Silverstone has not always been the home of the British Grand Prix. From 1955 to 1962, it shared the honor with Aintree, and from 1963 to 1986, Brands Hatch took its turn. It wasn’t until 1987 that Silverstone became the venue of choice, a distinction it will hold for at least the next decade.

    So Good They Did It Twice

    In 2020, when the COVID-19 pandemic decimated the Formula 1 calendar, Silverstone hosted back-to-back rounds – the British Grand Prix on July 26 and, a week later, the 70th Anniversary Grand Prix. These races took place behind closed doors, with the last-minute waiving of lockdown restrictions making it possible.

    Hare-y Moments

    The open farmland surrounding Silverstone is home to a lot of fast-moving hares, but these creatures haven’t always fared well against Formula 1 cars. In the first race, Briton Reg Parnell hit a hare in his Alfa Romeo, and in 2002, Allan McNish did the same in his Toyota.

    First Prize

    The winner of Silverstone’s first Formula 1 race, Giuseppe Farina, claimed a prize of £500 – equivalent to around £21,500 today. However, nowadays, the prize money is zero! Teams get a share of the total prize money based on Championship positions at the end of the season, but individual Grand Prix winners only receive a trophy and recognition.

    Two Counties

    Silverstone’s circuit sits across an English county boundary, meaning drivers are switching between Buckinghamshire and Northamptonshire as they navigate the track. The section between Becketts and Abbey, including the pits and start-finish straight, is in Buckinghamshire, while the area from Farm to Maggotts is in Northamptonshire.

    Changing Tracks

    Over the years, Silverstone’s circuit has undergone six different configurations. Its high-speed layout was retained until 1991, when Maggotts, Becketts, and Chapel became a thrilling swerving sequence. Later, Vale was added between Stowe and Club, and Priory, a slow ‘stadium’ section, was introduced. In 2010, the stadium became the Loop, and in 2011, the start-finish straight between Woodcote-Copse moved locations (and counties) to the new ‘Wing’ pit complex on the Hamilton Straight.

    Ten Home Heroes

    Ten different British drivers have won an F1 race at Silverstone. The first was Peter Collins in 1958, followed by Jim Clark, who won three times. Jackie Stewart, James Hunt, John Watson, Nigel Mansell, Damon Hill, Johnny Herbert, and David Coulthard have all added their names to the list. Lewis Hamilton has been the most successful, with an astonishing eight victories.

    And Now for 2024…

    The British Grand Prix returns to Silverstone from July 5th to 7th, and MoneyGram is giving one lucky fan and their guest the chance to soak up the iconic Silverstone atmosphere this year as part of the MoneyGram Silverstone Dream Weekend competition. With VIP hospitality, round-trip travel, accommodation, MoneyGram Haas F1 Team merchandise, and more available to the winner, it is a truly incredible package. To enter, simply answer ‘What drives your dreams?’ at dreams.moneygram.com.

    The Silverstone Dream Weekend with MoneyGram Haas F1 Team competition is open to UK residents only, and entrants must be of majority age. The competition opens on May 26, 2024, and closes on June 23, 2024. The prize draw will be made on June 26, 2024, and the winner will be notified on June 27, 2024.

    Formula 1 today is all about speed, strategy, and skill, but it’s also about honoring the rich history and legacy of iconic circuits like Silverstone. As the Formula 1 calendar unfolds, get ready for an unforgettable experience at the British Grand Prix.

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