Britain F1 Siverstone
Former Formula One and Motorcycle world champion John Surtees with former Moto GP world champion Valentino Rossi pose for the cameras as the the new ...
Former Formula One and Motorcycle world champion John Surtees with former Moto GP world champion Valentino Rossi pose for the cameras as the the new pit lane complex at Silverstone race track is opened at Silverstone, England, Tuesday, May, 17, 2011. The track will host the British Moto GP and the F1 Grand Prix for 2011. (AP Photo/Alastair Grant)
Britain F1 Silverstone
A general view of the new pit lane complex at Silverstone race track, Silverstone, England, Tuesday, May, 17, 2011. The track will host the British M...
A general view of the new pit lane complex at Silverstone race track, Silverstone, England, Tuesday, May, 17, 2011. The track will host the British Moto GP and the F1 Grand Prix for 2011. (AP Photo/Alastair Grant)
Britain F1 Siverstone
Australian Formula One driver Mark Webber talks to British Moto GP rider Jonathan Rea at an event to open the new pit lane complex at Silverstone rac...
Australian Formula One driver Mark Webber talks to British Moto GP rider Jonathan Rea at an event to open the new pit lane complex at Silverstone race track, Silverstone, England, Tuesday, May, 17, 2011. The track will host the British Moto GP and the F1 Grand Prix for 2011. (AP Photo/Alastair Grant)
Britain F1 Silverstone
Former Formula One world champions Jenson Button, left Jackie Stewart, John Surtees and Nigel Mansell gather as they pose for the cameras as the new ...
Former Formula One world champions Jenson Button, left Jackie Stewart, John Surtees and Nigel Mansell gather as they pose for the cameras as the new pit lane complex opens at Silverstone race track, Silverstone, England, Tuesday, May, 17, 2011. The track will host the Britis Moto GP and the F1 Grand Prix for 2011. (AP Photo/Alastair Grant)
Britain F1 Silverstone
Five former British Formula One wolrd champions John Surtees, Jackie Stewart, Nigel Mansell, Damon Hill and Jenson Button pose for the cameras as th...
Five former British Formula One wolrd champions John Surtees, Jackie Stewart, Nigel Mansell, Damon Hill and Jenson Button pose for the cameras as the news pit lane complex is officillay opened at Silverstone race track, Silverstone, England, Tuesday, May, 17, 2011. The track will host the Britis Moto GP and the F1 Grand Prix for 2011. (AP Photo/Alastair Grant)
Britain F1 Siverstone
Former british Formula One world champion Stirling Moss looks at Lewis Hamiltion's 2009 F1 car as he attends the opening of the new pit lane complex ...
Former british Formula One world champion Stirling Moss looks at Lewis Hamiltion's 2009 F1 car as he attends the opening of the new pit lane complex at Silverstone race track, Silverstone, England, Tuesday, May, 17, 2011. The track will host the British Moto GP and the F1 Grand Prix for 2011. (AP Photo/Alastair Grant)
Silverstone has completed the 27 million-pound ($43.7 million) overhaul of its pits and paddock it promised to help secure its 17-year agreement to host Formula One's British Grand Prix.
Following last year's revamp of the circuit and other facilities, the British Racing Drivers' Club unveiled the upgraded Silverstone "Wing" on Tuesday.
The 390-meter (1,280-foot) long complex holds the new pits and paddock alongside media and conference suites, three halls and an auditorium.
Former F1 world champion Damon Hill is president of the BRDC, which owns Silverstone, and said the track was now a world-class venue for all 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.
"It's very important for everyone we've managed to do this," Hill said. "We've had people putting up palaces around the world, so it's fantastic we've got this facility now.
"And it's kept Britain at the forefront of motor sport around the world."
Silverstone also hosts the British events on the MotoGP and World Superbike Championship.
"Silverstone is the best circuit I know by a mile," former world champion Nigel Mansell said. "It's the best in the world for me, bar none."
