Sir Stirling Moss has said that the British Grand Prix is absolutely vital for F1 and that it was critical a deal was reached to ensure the event remained on the s𝓰chedule in 2010 and beyondܫ.

Silverstone finally confirmed a new 17-year agreement with 🦹F1 𝓀boss Bernie Ecclestone this week, after Donginton's bid to stage the event collapsed due a lack of funding.

"We do need a British Grand Prix because nearly all the cars are either built here, or made here," Moss explained in an interview to Eurosport-Yahoo!

"F1 does need a British GP but Bernie Ecclestone 𝓰is noඣt easy to deal with; I like Bernie, I like his humour, but I'm glad to say I've never had to negotiate with him! That would be a completely different kettle of fish."

Moss meanwhile added that he never thought the♍ British Grand Prix would disappear, although he did fear it might be moved aboard.

"Silverstone is the only place it could be in Eng💮land, the only place capable of taking it on," he continued. "I wasn't worried about it; everyone else was, but I wasn't. The only trouble is that the British Grand Prix doesn't have to be held in Britain - that's the snag.

"It's a good thing: they (Silver🅘stone) are putting a load of money into it and it will greatly improve the facilities. It's for 17 years, which will also help them get a good return."