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MIA  MOTORSPORT INDUSTRY ASSOCIATION

Vnuk Update - URGENT action needed by October 20th

11 Oct 2017

Your response to this real threat to motorsport throughout the EU is required by October 20th. Please take the time to read the information below and continue to the statement from Chris as he explains what the European Commission's Motor Insurance Directive could mean to motorsport.

IMPORTANT LINKS:

VNUK a danger to the future of motorsport - Your questions answered V4

MIA Response guidance to Vnuk MID EU Consultation V4​

MIA’s complete overview of the Vnuk issue V3​

Dear Motorsport friend and colleague,

I do not apologise for the dramatic title as our industry and sport face a serious, immediate problem which you can help resolve.

We have until October 20th to respond to this important EC consultation - follow the links above. If we fail to secure the amendment we seek then the likely outcome is that all motorsport activity, in every EU Member State, will cease.

All involved in the business and organisation of European motorsport need to act NOW to overcome this genuine threat to our own future and that of our employees and sport, from the unintended consequences of action taken by the European Commission (EC).

The Motorsport Industry Association (MIA), along with others including the UK Department for Transport, has been fighting to resolve this issue for more than two years, on behalf of our members and the wider EU motorsport community. Now, with your personal leadership and action, it is possible for us to resolve this, as I fully explain in the documents linked at the top and bottom of the page.

In simple terms, the EC plans to issue a new Motor Insurance Directive, as a result of which all EU Member States must put into their National Law compulsory and unlimited third-party liability insurance to cover personal injury between motorsport competitors and car-to-car damage during any competition – from Formula One, Moto GP, World Rally to karting, historic and grass roots, whether regulated by the FIA or FIM or not.

However such widespread unlimited new insurance is not currently, and, we understand, will not in the future be available - so motorsport will be unable to continue anywhere in the EU. Please read the summary if you wish to fully understand the serious nature of this problem.

Please respond BY OCTOBER 20th to the EC Review Consultation - https://ec.europa.eu/info/consultations/finance-2017-motor-insurance_en

By using the simple ‘MIA Response Guidelines’ which are here, this will take LESS THAN TEN MINUTES – a short time commitment to keep motorsport alive, and the jobs it supports, in place.

It is most important that you estimate, if motorsport were to cease, how many jobs will be lost directly from your organisation and indirectly by your suppliers or the sport, as this significant economic impact will influence the European Commission.

I am sharing this with my senior contacts across the European motorsport business community.

May I ask that you help our community by sending a link to this page to your most influential motorsport business and sporting contacts, urgently please? We need all influential individuals, major teams, suppliers and employers in EU and UK motorsport to act - by working together we can change this.

We must make the European Commission fully aware of the economic importance of motorsport and the employment which our sport and industry provides across the European Union.

An unimaginable situation yet true – fighting such battles for the industry was one of the reasons the MIA was originally created and is pro-actively supported by its members.

If you have any questions or comments then please email me and I will respond immediately - as we must meet the deadline of October 20th.

Thank you – your immediate help is invaluable and much appreciated

Best regards

Chris

IMPORTANT LINKS

VNUK a danger to the future of motorsport - Your questions answered V4

MIA Response guidance to Vnuk MID EU Consultation V4​

MIA’s complete overview of the Vnuk issue V3​

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