VNUK - MEPs vote excludes Motorsport from the new Motor Insurance Directive
14 February 2019
VNUK - MEPs vote excludes Motorsport from the new Motor Insurance Directive - next stage, approval by the EU Council of Ministers.
'A welcome step, in the right direction, for EU motorsport, our industry and jobs' says the Motorsport Industry Association (MIA)
MIA HQ - 14/02/19: On February 13th in the EU Parliament, MEPs voted in favour of new laws to better protect victims of road accidents across the EU, and also to exclude any vehicles not used 'in traffic' and motorsport vehicles from the scope of the new EU Motor Insurance Directive (MID).
MEPs, through their IMCO Committee, must now negotiate these rules with the EU Council of Ministers to gain their approval before they come into force. The Council, which consists of an individual Minister from each EU Member State, could take a different position from that of MEPs and Parliament and decide to keep motorsport in this legislation.
"The MIA are delighted with this vote. We are grateful to those MEPs who understood the damage which the original interpretation of the VNUK ruling would have done to employment across EU motorsport" said Chris Aylett, CEO of the MIA "We need to support their work throughout the next stage of this process to make certain each national Minister on the Council of the EU supports the Parliament's proposals. Just one more lap to go but, as always, it's the most important one!'
Under this new legislation, road vehicle users across the EU must have a minimum level of insurance protection for personal injuries of, at least €6,070,000 per accident (or €1,220,000) per victim) and for damage to property (e.g. the other vehicle) the minimum will be €1,220,000 per claim.
"This compulsory and significant level of motor insurance protection would have applied to each and every motorsport accident at every level of the sport - on or off track, FIA/FIM regulated or not, in every EU country" said Chris Aylett, "Thankfully, MEPs listened to insurers who made it clear this was an uninsurable level of uncalculatable risk - and without insurance there would be no EU motorsport of any kind and our industry would close."
Should the Council of the EU need to vote then it will rely on a 'qualified majority' with each country having a set number of votes. Germany, France, Italy, Spain and Poland have the largest number but the vote allocation of each country is extremely valuable.
For more information and details of respective Ministers, please visit here.
Please follow this link to read the European Parliament's official statement.
If you have any questions or wish to interview the MIA CEO, then please call the MIA VNUK desk:
+44 (0) 2476 692600 or contact email@example.com
About the MIA
The Motorsport Industry Association (MIA) is the international trade association for the motorsport and high-performance engineering sectors representing the specialised needs of this highly successful industry. Membership includes motorsport and performance engineering companies, race and rally teams, governing bodies, motorsport service and research organisations, race circuits, universities and colleges.