The United Kingdom has been home to the Formula One->ke190 British Grand Prix at Silverstone for over 50 years and is unquestionably one of the most illustrious races to win.

However, there have been a few rumors circling around recently proposing the idea of having an F1 Grand Prix in London itself and even though Formula One or the FIA have yet to deny these rumors (which we suspect they will), Vodafone McLaren->ke284 Mercedes->ke187 sponsor, Santander, took matters into their own hands by creating a very special 3D animation of what the track could look and feel like.

With the help of McLaren drivers Jenson Button and Lewis Hamilton, Santander has put together a track which winds its way through some of London’s greatest monuments including Buckingham Palace, Big Ben, and even a single-lane road through Admiralty Arch being present in the proposed idea.

Despite this being a PR stunt more than anything else, it has helped to put the debate back into the public’s mind, and we’d be all for a London Grand Prix in the future. However, effectively closing down usually-busy parts of London for upwards of six weeks at a time could prove unachievable for race organizers, although Singapore manages to cope just fine with their street race.

F1 supremo, Bernie Eccelstone stated that, "The idea of an F1 street race in London is something I have had for many years. It would be magnificent. A couple of years ago we came very close to an agreement with the City of Westminster and The Mayor's office but we ran into the small problem of cost.”

"A few years back over half a million people turned-up to watch F1 cars parading through the streets of the capital. The public's appetite for a London Grand Prix is huge, as I am sure it is with teams and sponsors."

Check out the second video after the jump and leave us with your thoughts on this possible race in the comments section below!