The inaugural Formula One World Championship race takes place at Silverstone Circuit. The race was won by Giuseppe Farina, who would go on to become the inaugural champion that year.

The 1950 British Grand Prix, formally known as The Royal Automobile Club Grand Prix d'Europe Incorporating The British Grand Prix, was a Formula One motor race held on 13 May 1950 at the Silverstone Circuit in Silverstone, England. It was the first World Championship Formula One race, as well as the fifth British Grand Prix, and the third to be held at Silverstone after motor racing resumed after World War II. It was the first race of seven in the 1950 World Championship of Drivers.

Formula One (F1) is the highest class of worldwide racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The FIA Formula One World Championship has been one of the world's premier forms of motorsport since its inaugural running in 1950 and is often considered to be the pinnacle of motorsport. The word formula in the name refers to the set of rules all participant cars must follow. A Formula One season consists of a series of races, known as Grands Prix. Grands Prix take place in multiple countries and continents on either purpose-built circuits or closed roads.

Silverstone Circuit is a motor racing circuit in England, near the Northamptonshire villages of Silverstone and Whittlebury. It is the home of the British Grand Prix, which it first hosted as the 1948 British Grand Prix. The 1950 British Grand Prix at Silverstone was the first race in the newly created World Championship of Drivers. The race rotated between Silverstone, Aintree and Brands Hatch from 1955 to 1986, but settled permanently at the Silverstone track in 1987. The circuit also hosts the British round of the MotoGP series.

Emilio Giuseppe "Nino" Farina was an Italian racing driver, who competed in Formula One from 1950 to 1956. Farina won the Formula One World Drivers' Championship in its inaugural 1950 season with Alfa Romeo, and won five Grands Prix across seven seasons.