The popular motor race, which takes place just over the Oxfordshire border, is scheduled between July 2 and 5 next year.

Thousand flock to the event, with a record-breaking 500,000 attending this year’s race to see Brit and McLaren driver Lando Norris win.

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But Jessica Willock, personal finance expert at consumer advice website Confused.com, has warned of fake tickets being sold for the event.

She said: “Fraudsters know fans are desperate to secure spots at sold-out events, so big events like F1 Silverstone could be targeted by fake ticket sites.

“These sites entice fans by making themselves look official as resale platforms.

“Our research found that more than half (52 per cent) of ticket-buyers have been targeted by a scam or fraud attempt. This goes to show how common the issue is.

“To avoid being caught out, always buy tickets through trusted sites and double-check that the seller is authorised.

“If you’re buying online, using a credit card can offer an extra layer of protection under Section 75 in case something goes wrong.

“It’s also worth being extra cautious of deals that seem too good to be true or last-minute ticket offers on social media.

“Scammers often create a sense of urgency to pressure fans into making rushed decisions.

“Take a few moments to research the site or seller and avoid clicking links from unfamiliar sources.

“With scammers becoming more sophisticated, a few simple checks could help save you hundreds.”