Motorsport Industry Association

Motorsport Industry Association
Abbreviation	MIA
Formation	April 1994
Type	Trade association
Legal status	Limited company
Purpose	Motorsport in the United Kingdom
Headquarters	Federation House, Stoneleigh Park, Warwickshire, CV8 2LG
Region served	UK
Chief Executive	Chris Aylett
Main organ	MIA Committee (President - The Rt Hon the Lord Astor of Hever, PC, DL, Chairman - Jim Morris, Managing Director, Lifeline Fire & Safety Systems)
Website	MIA

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^[1] 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 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.^[2] It spends 30% of turnover on research and development.^[2] 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.^[3]

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

^ "Motorsport Industry Association (MIA)". Advanced Propulsion Centre. Retrieved 15 August 2017.
^ ^a ^b Leggett, Theo (31 May 2010). "The driving force of British motorsport". BBC News. Retrieved 16 August 2017.
^ mso.net. "MIA Profile". www.the-mia.com. Retrieved 15 August 2017.

External links

MIA

[1] "Motorsport Industry Association (MIA)". Advanced Propulsion Centre. Retrieved 15 August 2017.

[BBC-2] Leggett, Theo (31 May 2010). "The driving force of British motorsport". BBC News. Retrieved 16 August 2017.

[3] so.net. "MIA Profile". www.the-mia.com. Retrieved 15 August 2017.

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