WATCH LIVE: British GP Race Day on CNBC and Live Extra from 7:30am ET

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The British Grand Prix is one of the best-attended and most-loved grands prix of the Formula 1 calendar, but arguably has more importance to one driver on the grid than all the others.

Lewis Hamilton has captured the imagination of the British fans over the past eight years, winning at Silverstone in both of his championship years.

On Sunday, the Mercedes driver has a chance to score his third victory at the home of British motor racing as he starts from pole position.

Hamilton edged out teammate Nico Rosberg by one-tenth of a second in qualifying on Saturday, but with the German starting alongside on the front row, the battle could be poised to rage on throughout the race at Silverstone.

You can watch the British Grand Prix live on CNBC and Live Extra from 7:30am ET on Sunday. CLICK HERE to watch via live stream.

Behind the duelling Mercedes’ duo, Ferrari and Williams are set to enjoy what could be their closest fight since the beginning of the season. Felipe Massa and Valtteri Bottas will line up third and fourth on the grid for Williams’ home grand prix, and have a good chance of extending the team’s podium streak to three races.

Further back, the midfield battle is once again too close to call. Red Bull, Force India, Lotus and Toro Rosso all look capable of a points finish at Silverstone, but then again, all could miss out.

For more on the storylines heading into the race, take a look at our ‘what to watch for’ post.

You can watch the British Grand Prix live on CNBC and Live Extra from 7:30am ET on Sunday. CLICK HERE to watch via live stream.