Motorsport in the Valleys

March 26, 2014

I’ve been interested to see the reaction of Silverstone to the planned Circuit of Wales, regarding whether or not they are receiving ‘illegal’ state aid (see – http://www.bbc.co.uk/news/uk-wales-south-east-wales-26712038).
I can understand why Silverstone may be concerned with a further circuit cropping up in the UK, their new Wing, which sits in the middle of the circuit is an impressive facility, but one which will require a lot of utilisation in order to keep it viable. In 2007 we already had 19 paved circuits in the UK (see – http://www.amazon.co.uk/Motorsport-Going-Global-Challenges-Industry), many of which are struggling to keep the cash flowing in and are heavily dependent on one or two big races either in cars or bikes, so why do we need another one?

For me the argument is simple. We have a unique capability in the UK to design, manufacturer and develop motorsport products, services and technologies. The UK has the largest concentration of motorsport turnover relative to GDP anywhere in the world and anything that adds to this capability is, in my view, a good thing. I understand that those who are fighting to capture as many big events as possible would see this as a threat, but if we take the perspective from UK plc it is a huge opportunity. But there’s a further point, if we capture the imagination of young people in the area who have never been to a circuit before, we may increase participation and the size of the cake, then we may also get some new Adrian Newey’s, Ross Brawn’s and perhaps even (showing my age) a Tom Pryce.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: