The motorsport industry is the range of

engineering Engineering is the use of scientific principles to design and build machines, structures, and other items, including bridges, tunnels, roads, vehicles, and buildings. The discipline of engineering encompasses a broad range of more speciali ...

and service businesses that support the sporting discipline of motorsports. In motorsports, a competitors' success is intimately linked with the performance of his or her equipment - in this case a

vehicle A vehicle (from la, vehiculum) is a machine that transports people or cargo. Vehicles include wagons, bicycles, motor vehicles (motorcycles, cars, trucks, buses, mobility scooters for disabled people), railed vehicles (trains, trams), ...

. The role of engineering in delivering on-track success has led to the formation of a considerable global

industry Industry may refer to: Economics * Industry (economics), a generally categorized branch of economic activity * Industry (manufacturing), a specific branch of economic activity, typically in factories with machinery * The wider industrial sector ...

which supplies motorsport competitors with the equipment necessary to participate in the sport.

The industry

The motorsport industry designs, develops and manufactures

prototypes A prototype is an early sample, model, or release of a product built to test a concept or process. It is a term used in a variety of contexts, including semantics, design, electronics, and software programming. A prototype is generally used to ...

including chassis, materials,

electronics The field of electronics is a branch of physics and electrical engineering that deals with the emission, behaviour and effects of electrons using electronic devices. Electronics uses active devices to control electron flow by amplification ...

engines An engine or motor is a machine designed to convert one or more forms of energy into mechanical energy. Available energy sources include potential energy (e.g. energy of the Earth's gravitational field as exploited in hydroelectric power g ...

, transmissions,

brakes A brake is a mechanical device that inhibits motion by absorbing energy from a moving system. It is used for slowing or stopping a moving vehicle, wheel, axle, or to prevent its motion, most often accomplished by means of friction. Background ...

telemetry Telemetry is the in situ collection of measurements or other data at remote points and their automatic transmission to receiving equipment (telecommunication) for monitoring. The word is derived from the Greek roots ''tele'', "remote", an ...

and suspension components. The industry relies upon the skills of competitive engineers who, season after season, incrementally improve components to deliver identifiable advantage and ongoing success on the race track. ''Competitive Engineering'' is the centerpiece of these internationally-trading small businesses. Motorsport businesses have developed a unique ability to use sporting endeavour and entertainment as a catalyst for engineering and

manufacturing Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to ...

advances - advances subsequently of real value to other High Performance Engineering (HPE) customer groups – Defence, Marine, Aerospace and Automotive.

The Motorsport Industry Association (MIA)

The Motorsport Industry Association (MIA) is the world's leading 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. In April 1994, leading personalities in British motorsport joined forces to form their own trade association - the MIA - with the aim of promoting one of the UK's most successful industries - motorsport. The original concept was proposed by Founder and original CEO, Brian Sims, with the first Executive Committee comprising Rob Baldock (Accenture); Dick Scammel (Cosworth);Tony Schulp (Haymarket); John Kirkpatrick (Jim Russell Racing Drivers School); Tony Panaro (Euro Northern Travel) and Tony Fletcher (Premier Fuels). The MIA represents its members from motorsport, high performance engineering and tuning companies; race and rally teams; governing bodies; motorsport services; research organisations; race circuits; Universities and colleges - amongst many others. The MIA enjoys membership of th
Confederation of British Industry (CBI)
in turn providing members access to the UK's “Voice of Industry”.

References

Sport industry Motorsport Industries (economics) {{Motorsport-stub