Silverstone's future is uncertain

The rights to the race were acquired by Bernie Ecclestone earlier this week.

But Mosley told BBC Sport that it would make sense for the BRDC to promote the race, as it has done in the past.

"At least now there is the possibility of a new promoter stepping in and the obvious people to do that would be the BRDC, the track's owners", said Mosley.

F1 revolution 'will happen'

F1 supremo Ecclestone has been involved in an ongoing war of words with the BRDC over Silverstone.

He has threatened to axe the British Grand Prix if improvements to facilities at the track are not made.

Stewart backs Silverstone

But the BRDC insists work on a new paddock and pit complex can begin immediately if Ecclestone signs off the finance package already agreed with his Formula One Management company and previous rights holders Interpublic.

Mosley - president of motorsport's governing body the FIA - repeated Ecclestone's warning that the future of the British Grand Prix is far from secure.

"Bernie has got a point. It would be tragic if the British Grand Prix were not to survive and I think a lot of people will get together to make sure it does survive," Mosley said on BBC Radio Five Live.

"It's a commercial matter essentially and something over which we have very little control, but he is right in suggesting that Silverstone has not kept up to the modern standards.

"It's one of a number of Euro races, it's not a key strategic race. So they must sort it out - but I think they will sort it out."