Committee sounds UK motorsport warning 23/03/2010 |
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The UK motorsport industry needs more support if it is to continue to thrive, a Commons committee has warned.
The Business, Innovation and Skills Committee hailed the industry as a "crown jewel of UK manufacturing" but said that it must not be treated as a "niche" market.
"Motorsport is an industry of national importance," the committee’s Full Speed Ahead report stated.
"We find it difficult to imagine any other country sidelining such an important industry," committee chairman Peter Luff added.
"The Government needs to address this problem if the UK is to maintain this pre-eminent international industry and help it flourish."
The UK motorsport business is centred around Silverstone in Northamptonshire, and supports 38,500 jobs with annual sales of more than £6bn.
The Commons committee now wants to see a specialist policy team set up within Lord Mandelson's business department with responsibility for the motorsport industry.
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