It's such hot news that it probably won't be announced for a day or two yet, but the semi-derelict Lancashire mill town of Burnley appears to have been slated to host the British Grand Prix between 2013 and 2013.
It is thought that F1 chiefs, tired of hosting F1 street extravaganzas in glamour hotspots such as Monaco and Singapore, have expressed a desire to get back to grass roots and go a bit Grand Theft Auto with F1.
The proposed circuit starts at Burnley FC's Turf Moor ground, taking the drivers down Yorkshire Street, up Centenary Way, up Manchester Road, a hard right down Rossendale Road, then another hard right down Accrington Road, down Westgate, up St James's Street, with a hard right up Ormerod Road, up Ridge Avenue, hard right down Brunshaw Road back to Turf Moor and another lap.
Burnley councillor, Steven Bibby, was elated by the news, saying:
"Ey - we'll not mess abaht wi' this. It'll be reet grand. Just think - t Burnley Grand Prix - Lewis Hamilton and Jenson Button ducking bricks and bottles dahn Accy Road - priceless! Ah'll tell thee lad, this'll mek Grand Theft Auto look like a walk in't' fuckin' park!"
More as we get it.