Tag Archives: motorsport

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 | Also tagged , and | 30 Comments
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Recent Comments

  • User AvatarJennie 21st May - 8:05am
    Crikey, that Rob Parsons post is depressing
  • User AvatarRuth Bright 21st May - 8:03am
    Still waiting for action on rights to leave for our own candidates!
  • User Avatargavin grant 20th May - 11:19pm
    I'll be there tomorrow. Back to the place I grew up and joined the Young Liberals 49 years ago!
  • User AvatarGordon Lishman 20th May - 9:09pm
    I thought it interesting that he was apparently recommended by the Archbishop of Canterbury for the role of wedding preacher.
  • User AvatarGordon Lishman 20th May - 9:06pm
    I never noticed the charm - perhaps I wasn’t worth the effort. He did once tell me the mnemonic he used to remember my name....
  • User AvatarKatharine Pindar 20th May - 9:00pm
    Ah, I see, Michael 1, you are putting the student fees in the context of the proposed lifetime learning account of perhaps £30,000 for every...