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Trafalgar Square is hosting the biggest Formula 1 live show today (Wednesday July 12).

A spectacular moving display involving some of F1's top drivers will take pride of place between Whitehall and Trafalgar Square - the centrepiece of an all day celebration of the sport.

The live show and parade runs from 5.30pm to 9pm but for the younger fans there is a Schools and Innovation Showcase in Trafalgar Square from 12pm to 4pm.

Follow here to see all the updates throughout the day.

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That' all folks

What an unbelievable event to kick off the countdown for the British Grand Prix in Silverstone this week.

But after today’s event could we see the British Grand Prix move to the streets of London? Imagine the cars racing down The Mall. Pit stop at St James’ Park perhaps?

Aerial shots of the cars in action

Australian Daniel Ricciardo driving the Red Bull Racing RB7 during the F1 Live London event
Australian Daniel Ricciardo driving the Red Bull Racing RB7 during the F1 Live London event (Image: Getty Images Europe)
Formula 1 fans were able to see the racing cars up close and personal in London
Formula 1 fans were able to see the racing cars up close and personal in London (Image: Getty Images Europe)
Crowds gathered around Trafalgar Square to watch the spectacle
Crowds gathered around Trafalgar Square to watch the spectacle (Image: Getty Images Europe)

Nico Rosberg has arrived

Fans are delighted to see the now retired world champion in London

Its nearly time for the main event

Countdown until the green light

F1 Live is the place to be

Crowds can’t get enough of the race cars

F1 artwork on show

An artist is using F1 Live as an inspiration for his work

This event may be the first one in London in 13 years but what happens around the world?

In Montreal for the Canadian Grand Prix weekend, the city shuts down Crescent Street for a party, which sees F1 drivers in attendance at intervals.

This year they also closed part of one of the main roads through the city, the Boulevard de Maisonneuve.

Between Thursday and Saturday, thousands filled the street to celebrate the Formula 1 weekend from around the world with many more returning after the race on Sunday.

Gallery: Pictures of F1 Live

Its getting busy in Trafalgar Square

Trafalgar Square is packed out with all things F1

Fans are getting excited for this evenings main event at F1 Live

Time is ticking down until the main event

Under four hours until the green light at F1 Live

Special delivery

A rather special lorry has just pulled up into a diplomatic side-street of Whitehall.

Is Lewis Hamilton attending?

One of the sports biggest stars confirmed on Twitter yesterday that he would not be attending F1 Live.

The Hertfordshire born Mercedes driver is on a two-day break ahead of his defence of the British Grand Prix.

Lewis has won the Grand Prix at Silvertone three years in a row and has a 2008 title to his name too.

In case you wanted proof of his holiday shenanigans, he also tweeted a video of himself having a great time.

Get there early

The organisers have clarified in this tweet, that while there are no tickets and entry is free, it will be restricted once the viewing areas are full.

Be sure to plan ahead if you want to catch the display down Whitehall and at Trafalgar Square.

School children are getting involved with F1 live

F1 cars on display

Fans are enjoying seeing their favourite F1 cars on display in Trafalgar Square.

Road closures for F1 live event in central London causing "slow moving traffic."

A Traffic for London spokesman said: “All closures are now in place to facilitate the event including Trafalgar Square, Strand westbound, Whitehall, Pall Mall eastbound at Regent Street St James, Charing Cross Road southbound at Cambridge Circus, Northumberland Avenue westbound, and Horse Guards Avenue westbound.

“There is currently slow moving traffic in the following locations; Victoria Embankment southbound, both directions of Pall Mall, Waterloo bridge northbound, around Parliament Square and on all approaches, and around Lambeth Roundabout and all approaches.

“ There is also some slow moving traffic in the Victoria area due to the closures within the St James’s Park Area.”

Hamilton might be not be there but there will be plenty of famous F1 stars

Nico Rosberg, Jenson Button and Sebastian Vettel are all set to take part in the event which will see cars run along Whitehall from Trafalgar Square.

Lewis Hamilton is on Holiday

Lewis Hamilton will not be making an appearance at the star studded event

Lewis Hamilton will miss today’s F1 live event in central London