The Motorsport Industry Association is the global

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 tra ...

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 Silicon Valley is a region in Northern California that serves as a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical areas San Mateo County ...

) in

Northamptonshire Northamptonshire (; abbreviated Northants.) is a county in the East Midlands of England. In 2015, it had a population of 723,000. The county is administered by two unitary authorities: North Northamptonshire and West Northamptonshire. It is ...

and

Oxfordshire Oxfordshire is a ceremonial and non-metropolitan county in the north west of South East England. It is a mainly rural county, with its largest settlement being the city of Oxford. The county is a centre of research and development, primarily ...

, around the

Silverstone Circuit Silverstone Circuit is a motor racing circuit in England, near the Northamptonshire villages of Towcester, Silverstone and Whittlebury. It is the home of the British Grand Prix, which it first hosted as the 1948 British Grand Prix. The 1950 ...

, the organisation is in

Warwickshire Warwickshire (; abbreviated Warks) is a county in the West Midlands region of England. The county town is Warwick, and the largest town is Nuneaton. The county is famous for being the birthplace of William Shakespeare at Stratford-upon-Avon an ...

. 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 national level. Around 4,000 companies in the UK are involved in the motorsport industry, with an annual turnover of around £9 billion, with around 70% being exports. It spends 30% of turnover on research and development. There are around 25,000 qualified engineers involved in the UK industry. The MIA was started by Brian Sims, ex-Marketing Director of F1 Benetton and Lola and the current CEO, Chris Aylett took over in 1997. National Motorsport Week – running from the end of June each year – is a special celebration of UK motor sport jointly promoted by the Motorsport Industry Association (MIA) and the Motor Sports Association (MSA) and starts with the Goodwood Festival of Speed and finishes with the British Formula One Grand Prix at Silverstone.

Structure

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 Rt Hon the Lord Astor of Hever, PC, DL accepted the role of Honorary MIA President for a second time when his term as a Defence Minister ended in 2015. The MIA has embraced an ever-expanding international network of business contacts, the result being that today it boasts nearly 400 Global members, whose companies transact more than £9 billion of motorsport business worldwide.

References

External links

MIA
{{Authority control Motorsport organisations in the United Kingdom British racecar constructors Organisations based in Warwickshire Trade associations based in the United Kingdom Organizations established in 1994 1994 establishments in the United Kingdom Sports organisations of the United Kingdom

History

Function

Structure

See also

References

External links