Tarmac will have just 20 days to complete the work next month ahead of July’s Formula One British Grand Prix.
The circuit was relaid by Aggregate Industries before the season began last year but complaints about the surface by drivers led to the cancellation of the MotoGP race.
The £5m Tarmac contract will “see a bespoke and highly durable asphalt solution laid that has been specifically designed to withstand the high demands and stresses of vehicles competing in professional racing series.”
Work will be carried out under the guidance of motorsport track expert Jarno Zaffelli, who has been appointed by Silverstone as a contractor for the duration of the project.
Paul Fleetham, managing director of Tarmac’s Construction business said: “We’ve assembled a highly skilled team of professionals from across the country who will be working with pioneering innovations in automated construction to deliver the project to the highest possible standard. We look forward to getting underway.”
Alongside the announcement of the track’s resurfacing, MotoGP owner Dorna has also confirmed the contract to host MotoGP in the UK will stay with Silverstone to the end of 2021.
Silverstone managing director, Stuart Pringle, said: “In Tarmac we have a globally-renown company working on the surfacing of the track, and we have one of the most respected of track designers in Jarno Zaffelli working as an expert advisor to Silverstone during the works.”
MotoGP CEO Carmelo Ezpeleta said: “We will be assisting with any changes that need to be made regarding the track surface and look forward to continuing to work with Silverstone in what will be the highlight of the motorcycle racing calendar in the UK.”