Heavy rain has battered the Silverstone circuit all morning and led to the MotoGP final practice and qualifying sessions being run in extremely difficult conditions.
Numerous riders crashed across both qualifying segments, including poleman Marco Bezzecchi, third-placed Alex Marquez and championship leader Francesco Bagnaia.
As a result, the riders have organised a meeting for early afternoon, in which they will have to make a decision on whether to go out to race in the sprint, scheduled for 3pm local time.
Loris Capirossi, the FIM's safety officer who acts as liaison between the riders and championship promoter Dorna Sports, the is also expected to be present at the meeting.
Silverstone is no stranger to rain wreaking havoc with a MotoGP event.
In 2018, following a failed resurfacing job at the Northamptonshire venue exposed drainage issues, the grand prix had to be cancelled on the Sunday as the riders felt the circuit was too dangerous to race on.
The drainage issues were only discovered during a sudden shower in the previous day's practice sessions, in which Tito Rabat ended up with a badly broken leg when he was struck by a crashing bike at Stowe, having gone down himself seconds earlier.
Source: Autosport