Motorsport Industry Association
Encyclopedia
The Motorsport Industry Association is the trade association
Trade association
A trade association, also known as an industry trade group, business association or sector association, is an organization founded and funded by businesses that operate in a specific industry...

 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
South Midlands
The South Midlands is a notional area of England. According to one definition, it is the southern portion of the East Midlands together with the northern portion of South East England and the western portion of the East of England, and just as there is no agreed definition for these areas,...

.

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.

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
Silicon Valley
Silicon Valley is a term which refers to the southern part of the San Francisco Bay Area in Northern California in the United States. The region is home to many of the world's largest technology corporations...

) in Northamptonshire
Northamptonshire
Northamptonshire is a landlocked county in the English East Midlands, with a population of 629,676 as at the 2001 census. It has boundaries with the ceremonial counties of Warwickshire to the west, Leicestershire and Rutland to the north, Cambridgeshire to the east, Bedfordshire to the south-east,...

 and Oxfordshire
Oxfordshire
Oxfordshire is a county in the South East region of England, bordering on Warwickshire and Northamptonshire , Buckinghamshire , Berkshire , Wiltshire and Gloucestershire ....

, the organisation is in Warwickshire
Warwickshire
Warwickshire is a landlocked non-metropolitan county in the West Midlands region of England. The county town is Warwick, although the largest town is Nuneaton. The county is famous for being the birthplace of William Shakespeare...

, just a short drive up the M40
M40 motorway
The M40 motorway is a motorway in the British transport network that forms a major part of the connection between London and Birmingham. Part of this road forms a section of the unsigned European route E05...

.

Membership

Members include:
Lola Cars
Cranfield University

See also

  • Formula One Group
  • Formula One Constructors Association
    Formula One Constructors Association
    The Formula One Constructors' Association is an organization of the chassis builders who design and build the cars that race in the FIA Formula One World Championship...

  • Motor Sports Association
    Motor Sports Association
    The Motor Sports Association , is the official governing body of motorsport in the United Kingdom.-Responsibilities:...

     - governing body
  • Automotive industry in the United Kingdom
  • Glossary of motorsport terms

News items

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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