Formulation 1 CEO and President Stefano Domenicali met with British Prime Minister Sir Keir Starmer for a celebration of the game’s seventy fifth anniversary yr – and a dialogue about F1’s function in the UK’s financial system – forward of the British Grand Prix at Silverstone.
Starmer welcomed Domenicali, together with Derek Chang, President and CEO of Liberty Media, and a number of F1 personalities to Downing Road on Wednesday, the place they met with the Secretary of State for Science, Innovation and Expertise, Peter Kyle, the Secretary of State for Tradition Media and Sport, Lisa Nandy, and MPs.
Additionally current had been present drivers together with Carlos Sainz, Alex Albon, Ollie Bearman and Esteban Ocon, in addition to crew bosses James Vowles, Flavio Briatore, Andy Cowell, Jonathan Wheatley and Ayao Komatsu.
Different attendees included leaders of the incoming Cadillac F1 operation Graeme Lowdon and Daniel Towriss, F1 ACADEMY Managing Director Susie Wolff and several other F1 ACADEMY drivers, and F1 legends Sir Jackie Stewart, Damon Hill, Martin Brundle and Jenson Button.
Domenicali and Starmer each made speeches on the occasion, which was additionally attended by younger engineers, interns, students, apprentices and graduates from F1’s 10 groups – F1 itself at the moment funding 50 mechanical engineering college students with full scholarships at a number of UK universities.
“A particular thanks to The Prime Minster for inviting us right here at the moment to this well-known and historic setting,” mentioned Domenicali. “We have now an unimaginable week forward on the British Grand Prix with almost half 1,000,000 followers coming to cheer on their heroes. This nation is keen about Formulation 1 and motorsport, and we’re very pleased with this.
“75 years in the past, Formulation 1 began right here within the UK at Silverstone in 1950. Since then, is has turn out to be a British establishment with deep roots and an enormous contribution to the nation.
“That is the house of our sport, and we would like that to proceed, as I do know you and your authorities are dedicated to.
“On the coronary heart of all of that is an unimaginable sport with passionate followers within the UK, all around the world, and one of the best drivers on the planet combating for the last word prize in motorsport.
“It’s an unimaginable time to be a part of this sport, one thing that has been a part of my life for therefore lengthy, and the help of all of you right here and The Prime Minister is so necessary.
“I consider we’re a unbelievable enterprise card for this nation world wide, and I sit up for our future collectively.”
F1 performs an enormous function within the UK’s financial system, contributing £12 billion in worth yearly, with greater than 6,000 folks being straight employed, and a provide chain of 4,500 corporations using round 41,000 folks.
From subsequent yr, a full 10 of F1’s 11 groups can have main bases and operations within the UK, with Kick Sauber having yesterday introduced a brand new UK Expertise Centre in Bicester.
In the meantime, F1’s world-leading Media and Technical Centre – which produces Worldwide Feed protection and F1 TV exhibits at each Grand Prix – is positioned in Biggin Hill, Kent.
Total, the UK boasts 16.7 million followers, with round half 1,000,000 spectators anticipated at this weekend’s British Grand Prix weekend.
