Lord Paul Drayson, former UK government minister and now a Le Mans team owner and successful entrepreneur,set the theme for Race Tech’s World Motorsport Symposium: how will motorsport embrace its future?
"I believe we are at the beginning of the most interesting and exciting time for both the car and motorsport industries,” claimed Lord Drayson in his keynote speech to open the World Motorsport Symposium.
“Now that I’m back in business as a science entrepreneur, I’m working on a number of different projects in science and technology. However, I can give you a perspective on motorsport as someone who is absolutely passionate about it as a practitioner but with the perspective of other industries.
“Having been the science minister for two years, it gave me a great insight about what’s hot in technology, globally, what’s important in terms of science and engineering change and what’s really making a difference to the planet. I also learnt which market sectors are having the biggest impact on changing society and creating wealth.”
He then commented on how rapidly the world is changing, geopolitically, economically and technologically. “The Chinese have a saying which is ‘may you live in interesting times’ and it’s never been more interesting than it is now. The pace of change taking place has never been faster. “We’ve seen massive shifts of economic “and political power from the West to the East. The recognition, at last, of the global importance of climate change, and unprecedented volatility in commodity prices in not just oil but also copper and food – the Russians are not exporting wheat, which is having a devastating effect on food price.
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