North West Leicestershire District Council approved plans for a £100 million track revamp, which now clears the way for construction to start at the circuit.
And although Gillett has faced months of sceptical views about whether the venue's overhaul will be completed in time for next year, he is defiant that the track is on course to host the British GP.
"Donington will deliver," Gillett said after leaving the evening hearing in Coalville. "We will definitely be celebrating tonight.
"This is a major step forward and one more target delivered. I remain committed to approaching every stage of this development with the same passion and vigour with which we attacked the planning stage, and I have endeavoured to ensure that the same is true of the people who will work with me on this project.
My eye is always on that fixed end date of July 2010. I remain confident and positive that we can and will achieve everything that we have promised and I won't rest until I am watching the British Grand Prix at Donington Park next year."
Gillett's joy at the planning permission news has been echoed by Donington Park landowner Tom Wheatcroft.
"I'm delighted to see that the plans have been accepted," he explained. There is a lot of work ahead now for everyone and I am looking forward enthusiastically to 2010 and the arrival of the British F1 Grand Prix.
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