Motorsport Industry Association

Motorsport Industry Association
Abbreviation MIA
Motto The global business network for motorsport
Formation April 1994
Type Trade association
Legal status Limited company
Purpose Motorsport in the United Kingdom
Headquarters Federation House, Stoneleigh Park, Warwickshire, CV8 2RF
Region served
UK
Chief Executive
Chris Aylett
Main organ
MIA Committee (President - Lord Drayson, Chairman - Alistair Fergusson)
Website MIA

The Motorsport Industry Association is the trade association for the motorsport industry in the United Kingdom. Most top-level motorsport constructors are based in the UK. Around 75% of motorsport research and development takes place in the UK.

History

It was established in April 1994. The UK motorsport industry has mostly developed on former airfields in the south Midlands.

Function

It represents the UK motorsport industry at a national level. Around 4,500 companies in the UK are involved in the motorsport industry, with an annual turnover of around £6 billion, with more than half being exports. It spends 30% of turnover on research and development. There are around 25,000 qualified engineers involved in the UK industry. The MIA was started by Brian Sims, ex-Marketing Director of F1 Benetton and Lola and achieved significant success before the current CEO. Brian Sims is a recognized authority on sponsorship in sport and lectures at Oxford Brookes University and other institutions as a visiting lecturer. He was responsible for created the annual awards ceremony at the House of Lords and bringing in sponsorship that led to the success of the MIA.

National Motorsport Week is at the end of June each year.

Structure

Although most of the British motorsport industry is based in the so-called Motorsport Valley (the name comes from Silicon Valley) in Northamptonshire and Oxfordshire, around the Silverstone Circuit, the organisation is in Warwickshire, just a short drive up the M40.

See also

References

    External links

    News items