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Formula 1 is £12bn boost to UK economy

Western Daily Press

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July 03, 2026

FORMULA 1 boosts the UK economy by £12bn every year, according to new figures revealed ahead of this weekend’s British Grand Prix at Silverstone.

The wider impact in the UK of the elite motor racing series - 10 of whose 11 teams are headquartered in the country or have operational bases on these shores - comes amid a £100m boos

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