§ Lord Astor of Heverasked Her Majesty's Government:
How many people are employed directly, and indirectly, in the British motorsport industry. [HL2147]
§ Lord Sainsbury of TurvilleA national industry survey by the Motorsport Industry Association, part funded by DTI, estimated that the British motorsport industry employs a total of 25,000 people in motorsport related engineering and a further 13,500 in motorsport related services.
§ Lord Astor of Heverasked Her Majesty's Government:
What is their estimate of the value to the United Kingdom economy of the British motorsport industry; and what is their estimate of the value of exports of the British motorsport industry to the United Kingdom economy. [HL2148]
§ Lord Sainsbury of TurvilleA recent national industry survey by the Motorsport Industry Association, part funded by DTI, estimated that the total turnover value of the British motorsport industry is approximately £4.6 billion per annum, of which the value of export earnings is approximately £2 billion per annum.