Motorsport UK has been looking closely at the challenges within our sport, including diminished grids across the board, and with the demise of Autosport and Motorsport Weekly also the potential reduced visibility of the sport at all levels. As with all forms of entertainment, there is now stiff competition for a share of people’s leisure time; and also larger threats on the horizon in the form of environmental issues and the changing role of the car in society.
Having consulted with its members and clubs, the governing body has announced their new strategy is to invest and focus on; Sport Promotion; Member and Club development; Education and Training and Sport Development and Innovation.
Amongst marked changes are exciting news that the annual licence is set to change placing more emphasis on pay-as-you-play. For other licence types, there will be some price increase, But there will be No more expensive medicals for those competitors aged between the ages of 45 and 60. Removing licence fees for all Officials who volunteer their time to keep the sport fair and safe. Track day personal accident insurance now included with Motorsport UK competition licence (up to five times p.a.) and improvements to members’ personal accident insurance, in addition to significantly increased public liability insurance of over £100m
Motorsport UK’s move to a new economic model, and the resulting plans for investment, are designed to ensure motorsport can flourish in the UK; and so that the grass roots of the sport can also reflect some of the recent successes at the elite level.
Hugh Chambers, Motorsport UK CEO said: “We studied the challenges very carefully, and concluded that we need a fresh approach and a five-year plan to reinvest in the sport. This will involve a rebalancing of the economics, and in time, the diversification of revenues away from our current reliance on the competitors. In the short term we have new initiatives that will bring money into the sport and ease that burden right away. We have a fantastic and committed community, and based on the feedback we have to these changes, I am sure that we can all work together to build a stronger future for the sport. I would like to thank everyone for the part they play and the contribution that they make”.