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Luxurious trackside apartments at Silverstone go on sale

Published on 27 Jul 2020 13:22
5
By: Fergal Walsh

New trackside apartments that overlook the Silverstone Circuit, the home of the British Grand Prix, have gone on sale.

The apartments are currently being constructed on the outside of Maggotts corner, where cars flick through a series of fast turns in a sequence that is regarded as one of the more spectacular places to watch Formula 1 cars.

The work on the apartments is expected to finish in 2022 in time for the British Grand Prix, with the prices ranging from £650,000 to £1.65 million.

60 individual residences are being constructed by Escapade Living as well as a clubhouse and car storage.

Escapade Living says the apartments “will enable buyers to call a piece of Silverstone their own, have unique motorsport benefits and to share in the investment returns”.

Will Tindall, CEO of Escapade Living, said: “We’re building a community that shares a collective lust for performance, speed and great machines.

“Escapade Silverstone is completely integrated with the circuit – an authentic experience borne out of the world’s foremost racetrack. The result is a unique expression of Silverstone’s purpose.”

The announcement comes after the Hilton Garden Inn was announced in 2018, to be opened for 2021.

Silverstone is set to host two grands prix this year, with the 70th Anniversary Grand Prix following the British Grand Prix

Stuart Pringle, Silverstone's managing director added: "Silverstone has always been a centre of excellence from a racing, technology and engineering perspective.

“But we aim to be a global, all-weather destination, welcoming guests from around the world on a daily basis to enjoy motorsport together, and to do it in surroundings which enrich that experience.”

Pistonhead

Posts: 556

Lot of land at Silverstone though - agree with your sentiment and hopefully the owners don't forget who the true fans are.

1
Jul 27 2020 - 18:41

F1 News

Replies (5)

RogerF1

Posts: 501
Yet more general/paying public viewing disappearing. Watching live GP’s becoming the domain of the well off. Most likely be snapped up for corporate entertainment.
- + 0
- Jul 27 2020 - 14:19
- Pistonhead
  
  Posts: 556
  Lot of land at Silverstone though - agree with your sentiment and hopefully the owners don't forget who the true fans are.
  + 1
  
  Jul 27 2020 - 18:41
- calle.itw
  
  Posts: 8,527
  that's been the case for awhile now, though. Ever since Ecclestone took over, ticket prices and whatnot have increased and F1 have been sold to pay channels to make it more "exclusive and glamorous". Thank f**k for Liberty and F1TV.
  + 0
  
  Jul 28 2020 - 22:11
Ram Samartha

Posts: 1,172
Amazing what they call luxury apartments these days. Looks like some containers or double-wide trailers stacked up with some useless angular exterior decoration thrown in for curb appeal. A clever scheme for the developer and Silverstone to make a few bucks, but I feel sorry for the suckers who buy them.
- + 0
- Jul 28 2020 - 06:36
- Pistonhead
  
  Posts: 556
  Nah - don’t feel sorry for the suckers who buy them, have a quiet giggle !
  + 1
  
  Jul 28 2020 - 18:56