There are no genuinely ‘definitive’ current statistics available, despite endless requests over the past decade, from the MIA to Government – Department of Business Innovation and Skills - to update this work, all of which have been rejected.
The only definitive national figures ever produced were those in the MIA’s ‘National Survey of Motorsport Engineering and Services (MES) 2000’, which stated, at that date...
Any other figures used are simply inventions or adjustments based on the above.
Some have used annual inflation to adjust these, or updated simply by a notional increase each year, or changed these into a dollar or euro figures, using varying exchange rates at different times. These are purely hypothetical and must be misleading.
It would help the MIA, and the wider UK industry, if you felt so moved to write to the new Minister for Business, Mark Prisk MP at the Department for Business Innovation and Skills, 1 Victoria Street, London. Please ask him to encourage his Department to help the MIA conduct an update of these important figures, which continue to be used by Ministers to explain this major British success story, but which are out of date, incorrect and misleading.