The waste management company has been working with Silverstone for more than 20 years and will use the new contract to deliver new sustainability and recycling schemes and a dual-branded waste collection vehicle.
Plans include a deposit return scheme for plastic cups, a paper cup recycling service and new dual-branded waste bins.
Grundon will also advise on how to reduce single-use plastics in catering venues.
More than 140,000 fans packed into Silverstone for this year’s Grand Prix race day, generating over 300 tonnes of waste over the weekend.
Silverstone’s Procurement Manager, Lee Thomas, said: “We host some of the most prestigious motorsport events in the world, so we need to know we can match their excellence on the track with a high-level waste management service.”
“Grundon’s partnership approach does exactly that and the support they have given our own in-house waste teams, especially on issues such as compliance, has been invaluable.
“Now we are ready to move up a gear and we are delighted to have Grundon on board as we work even harder to meet new sustainability targets.”