Motorsport Industry Association
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Motorsport Industry Association
The Motorsport Industry Association is the global trade association for the motorsport industry and is based 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 The Motorsport Industry Association (MIA) is a global trade association for the motorsport, performance engineering, services and tuning sectors. The MIA represents the specialised needs of this highly successful global industry as it undergoes continuing rapid development throughout the world. Although most of the British motorsport industry is based in the so-called ''Motorsport Valley'' (the name comes from Silicon Valley) in Northamptonshire and Oxfordshire, around the Silverstone Circuit, the organisation is in Warwickshire. Motorsport Valley is a registered trade mark of the Motorsport Industry Association, owned by them on behalf of its members. Function It represents the UK motorsport industry at a na ...
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Trade Association
A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific Industry (economics), industry. An industry trade association participates in public relations activities such as advertising, education, publishing, lobbying, and political donations, but its focus is collaboration between companies. Associations may offer other services, such as producing conferences, holding networking or charitable events, or offering classes or educational materials. Many associations are non-profit organizations governed by bylaws and directed by officers who are also members. In countries with a social market economy, the role of trade associations is often taken by employers' organizations, which also take a role in social dialogue. Political influence One of the primary purposes of trade groups, particularly in the United States, is to attempt to influence p ...
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Formula One Constructors Association
The Formula One Constructors' Association (FOCA) was an organization of the chassis builders (constructors) who design and build the cars that race in the FIA Formula One World Championship. It evolved from the earlier ''Formula 1 Constructors Association'' (F1CA; the name was changed due to unfortunate connotations in some languages) and came to be dominated by Bernie Ecclestone and Max Mosley (originally a co-founder of March Engineering). Frank Williams, Colin Chapman, Teddy Mayer, Ken Tyrrell were also significant members. FOCA served to represent the interests of their privately owned teams – usually against the race organisers and later against the manufacturer-owned or supported teams such as Ferrari, Matra and Alfa Romeo. Ecclestone became the organisation's chief executive in 1978, with Mosley taking on the role of legal advisor. In the early 1980s, the organization fell out with the sport's governing body – the FISA. The eventual resolution of this conflict saw E ...
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Organizations Established In 1994
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, includ ...
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Trade Associations Based In The United Kingdom
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. An early form of trade, barter, saw the direct exchange of goods and services for other goods and services, i.e. trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or earning. The invention of money (and letter of credit, paper money, and non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade. In one modern view, trade exists due to specialization and the division of labour, a predominant form of economic activity in which individuals and groups concentrate on a small aspect of production, but use their output in trades for other products ...
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Organisations Based In Warwickshire
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, includi ...
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British Racecar Constructors
British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, the English language as spoken and written in the United Kingdom or, more broadly, throughout the British Isles * Celtic Britons, an ancient ethno-linguistic group * Brittonic languages, a branch of the Insular Celtic language family (formerly called British) ** Common Brittonic, an ancient language Other uses *''Brit(ish)'', a 2018 memoir by Afua Hirsch *People or things associated with: ** Great Britain, an island ** United Kingdom, a sovereign state ** Kingdom of Great Britain (1707–1800) ** United Kingdom of Great Britain and Ireland (1801–1922) See also * Terminology of the British Isles * Alternative names for the British * English (other) * Britannic (other) * British Isles * Brit (other) * Briton (d ...
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Motorsport Organisations In The United Kingdom
Motorsport, motorsports or motor sport is a global term used to encompass the group of competitive sporting events which primarily involve the use of motorized vehicles. The terminology can also be used to describe forms of competition of two-wheeled motorised vehicles under the banner of motorcycle racing, and includes off-road racing such as motocross. Four- (or more) wheeled motorsport competition is globally governed by the Fédération Internationale de l'Automobile (FIA); and the Fédération Internationale de Motocyclisme (FIM) governs two-wheeled competition. Likewise, the Union Internationale Motonautique (UIM) governs powerboat racing while the Fédération Aéronautique Internationale (FAI) governs air sports, including aeroplane racing. All vehicles that participate in motorsports must adhere to the regulations that are set out by the respective global governing body. History In 1894, a French newspaper organised a race from Paris to Rouen and back, starting ci ...
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Glossary Of Motorsport Terms
The following is a glossary of terminology used in motorsport, along with explanations of their meanings. 0–9 ;1–2 finish: When two vehicles from the same team finish first and second in a race. Can be extended to 1–2–3 or 1–2–3–4, etc. depending on a combination of racing series and team size. ; 107% rule: Often used in Formula One or other racing series, it is a rule where the driver must qualify the car within 107% of the polesitter's time to be allowed to compete. Variations of this may be used to monitor drivers and warn them to reach the required pace or be parked (disqualified). Similarly, the IndyCar Series uses a 105% rule, and NASCAR has a 115% rule, mainly for performance on track, though IndyCar and NASCAR often adjust the threshold for tracks with very abrasive surfaces (such as Atlanta Motor Speedway) where lap times can be considerably faster with less worn tires. ;200 MPH Club: A lifetime "membership" awarded by the SCTA or another sanctio ...
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Automotive Industry In The United Kingdom
The automotive industry in the United Kingdom is now best known for premium and sports car marques including Aston Martin, Bentley, Caterham Cars, Daimler, Jaguar, Lagonda, Land Rover, Lister Cars, Lotus, McLaren, MG, Mini, Morgan and Rolls-Royce. Volume car manufacturers with a major presence in the UK include Honda, Nissan, Toyota and Vauxhall Motors (subsidiary of Opel, itself a subsidiary of Stellantis). Commercial vehicle manufacturers active in the UK include Alexander Dennis, Ford, IBC Vehicles (owned by Stellantis), Leyland Trucks (owned by Paccar) and London Electric Vehicle Company (owned by Geely). In 2018 the UK automotive manufacturing sector had a turnover of £82 billion, generated £18.6 billion in value to the UK economy and produced around 1.5 million passenger vehicles and 85,000 commercial vehicles. In that year around 168,000 people were directly employed in automotive manufacturing in the UK, with a further 823,000 people employed in ...
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Motor Sports Association
Motorsport UK, formerly known as the Motor Sports Association (MSA), is a national membership organisation and governing body for four-wheel motorsport in the United Kingdom. Legally, it is a not-for-profit private company limited by guarantee. Responsibilities Motorsport UK is recognised as the only motorsport governing body in the United Kingdom by the Fédération Internationale de l'Automobile (FIA). It is not concerned with motorcycle or sidecar competitions, which are governed by the Auto-Cycle Union, nor does it cover banger racing; but provides governance and representation for 12 other forms such as rallying, circuit racing, drifting, hill climbing and karting. It has power under UK legislation to issue permits to event organisers wishing to close public highways for motorsport uses. The organisation claims its mission is to increase the number of participants in motorsport within the UK. It also claims to have within its community 720 affiliated motor clubs, 30,000 co ...
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Formula One Group
The Formula One Group is a group of companies responsible for the Promotion (marketing), promotion of the Fédération Internationale de l'Automobile, FIA Formula One World Championship, and the exercising of the sport's commercial rights. The Group was previously owned by Delta Topco, a Jersey-based company owned primarily by investment companies CVC Capital Partners, Waddell & Reed, and Lehman Brothers, LBI Group, with the remaining ownership split between Bernie Ecclestone, other investment companies, and company directors. It was bought by Liberty Media in 2017. Ecclestone, a former Formula One team boss, spent 40 years as chief executive of the company after gaining control of the commercial rights. , the group is run by Stefano Domenicali as president and chief executive officer. Ross Brawn is managing director of motor sports, and Chase Carey, who previously ran the group from 2017 to 2020, is non-executive chairman. History In 1974, the Formula One Constructors' Associa ...
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Motorsport In The United Kingdom
Motorsport is a popular sport in the United Kingdom. The United Kingdom is a key player in the world of motorsport, hosting rounds of the Formula One World Championship, World Rally Championship and Grand Prix motorcycle racing, amongst others. It is also the home of many of the current teams in Formula One, such as McLaren, Williams and Aston Martin, while teams such as Red Bull Racing, Mercedes, Alpine and Haas are also based in England. There are also a range of popular national series held such as the British Touring Car Championship. The Motor Sports Association is the official governing body of motorsport in the United Kingdom. Formula One The United Kingdom has been a major player in the Formula One World Championship since it began in 1950, providing ten different world champions, winning 19 titles between them, more than any other nation. Mike Hawthorn became the first British world champion in , defeating Stirling Moss, labelled by many as "the greatest driver never t ...
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