The British government is to change the law to allow motor racing on UK roads, opening the door to a potential London Grand Prix in future.
Prime Minister David Cameron made the announcement when opening the new Williams Advanced Engineering facility in Grove, Oxfordshire on Friday. The change has been agreed following a government consultation, and Cameron said it would be a beneficial move for motor sport in the UK.
"We're going to change the rules so that local councils are able to make the decision so you don't have to have a private member's Bill through Parliament, which we think will be great news for British motor sport,” Cameron said.
As well as saying that the move would mean "more races, more events, more money coming into our country”, Cameron described Britain's contribution to F1 as "an amazing success story, eight of the 11 teams based here in the United Kingdom, 41,000 people working in the industry in the Oxford area alone, working for about 4,300 companies".
While there remains a number of other obstacles which make a London Grand Prix unlikely, London mayor Boris Johnson has said he is open to the idea.
"He is always interested in projects that attract jobs and bring growth," a spokesman for Johnson is quoted as telling the BBC
. "He is positive that London would do a spectacular job of hosting an F1 Grand Prix. But it is impossible to say what the impact might be without detailed planning and research and the question of air quality and noise impact would have to be looked at very carefully."