Silverstone completes $43M pits, paddock overhaul

Silverstone has completed a $43.7 million overhaul of its pits and paddock as part of a 17-year agreement to host Formula One's British Grand Prix.

The British Racing Drivers' Club unveiled the upgraded Silverstone "Wing" Tuesday after last year's revamping of the circuit and other facilities.

The complex holds the new pits and paddock alongside media and conference suites, three halls and an auditorium.

Former F1 world champion Damon Hill says the upgrade has "kept Britain at the forefront of motor sport."

Britain was in danger of losing its GP when Donnington was stripped of the race in 2009. Silverstone stepped in but needed to improve its aging facilities.