Author Archives: Sam Collins

How Brexit will ruin the British motorsport industry

F1 1Formula 1 motor racing is a major industry in the United Kingdom, and it is kind of something we can brag about. Between 2005 and 2015 every single world champion (bar one) drove a car which was designed, engineered and built in Britain. The Mercedes driven by Lewis Hamilton this season is built in Brackley near Silverstone, its engine and hybrid system comes from Brixworth near Northampton. This is just the tip of the iceberg, the British motorsport industry leads the world, it directly employs tens of thousands of highly skilled people across as many as 4,500 companies (probably more) and brings many billions of pounds into the UK economy.

The technologies being pioneered in Formula 1 have seen fuel efficiency improvements to levels which just two years ago were thought to be science fiction. These are gains which will in the near future be applied to mass market road cars around the world reducing CO2 emissions and pollutants across the board and all of these innovations are British.

But all of this is now under serious and immediate threat. The motorsport industry in the UK could be decimated by Brexit. Brexit you see means a lot more than Brexit (a made up word which first appeared in 2012) it means a substantial change to many areas of life and industry. Right now due to the dithering and indecision of our current leadership nobody really knows what the impact of Brexit will be, but it seems pretty obvious that the EU will take a tough stance against the UK as a lesson to other nations such as France and the Netherlands which are also considering their own futures in the union.

Posted in Op-eds | Tagged , , and | 30 Comments
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Recent Comments

  • User AvatarJoeB 24th Feb - 2:55pm
    Peter Martin, regarding the issue of capital expenditure the paper referenced above outlines Keynes reasoning. "Keynes was opposed to deficit spending in the sense of...
  • User AvatarTeresa Wilson 24th Feb - 2:43pm
    I agree with much in this article but I have a problem with the conclusion that "if it all ends in tears, it will be...
  • User AvatarDavid Warren 24th Feb - 2:19pm
    What a healthy debate. Thanks for all the comments everyone.
  • User AvatarPeter Hirst 24th Feb - 1:55pm
    Our policies in the manifesto need to be targeted at all the seats where we were second as it these that provide the immediate springboard...
  • User AvatarPeter Hirst 24th Feb - 1:49pm
    It is essential in my view that there is input into the manifesto process of a wider variety of members so that the various parts...
  • User AvatarBarnaby 24th Feb - 1:40pm
    1. A major elephant in the room will be the status of European citizens who want to come and live in the United Kingdom post-Brexit....