The modern, as we now know it, formula one did indeed start in England with the first event being run at Silverstone, and the vast majority of teams are based there, in the Oxfordshire area mainly. Its forerunner was the European grand prix that blossomed after the second world war, but Bernie Ecclestone is credited into making it the sport you see today. I have been a lifelong motorsports fan but modern formula one racing is in my opinion boring, if you want to see excitement with real danger, and close racing, go to one of the Irish motorcycle road racing events, held on public roads, those boys and girls rock.
Formula one nearly died out in the early 60's and it is sad to see it going the same way, look at how few teams compete now with astronomical costs. I just remember the early Ecclestone days in my teens and the struggles he had to introduce commercialism, which saved the sport in reality. They need to get more teams involved now before fossil fuelled sport dies a natural death in years to come.