The Silverstone UTC facilities will be situated at the northern edge of the Silverstone Circuit, opposite the National Pit Straight, offering specialist technical curriculum for 14 to 19 year olds in high performance engineering and technical events management.
Up to 576 students will be based at the Silverstone UTC.
The Silverstone UTC is an educational partnership between Tresham College of Further and Higher Education, University of Northampton and Silverstone Circuits.
Gordon Kew, Director of UK Regional Building at Interserve said: “We look forward to working with all stakeholders to create a cutting-edge facility at an inspirational location that will produce the next generation of world-leading engineers and events management staff for the home of high performance engineering in Northamptonshire. Through this project we will strengthen our existing links with the area, and create real opportunities for the local supply chain to benefit from the project.”