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Old 10 Oct 2017, 10:56 (Ref:3773431)   #1
Peter Mallett
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Important EU Consultation Re Insurances

We've discussed this before but I received the following from Motor Racing Legends. Anyone with an interest in Motorsport in the UK and EU may be wise to submit their thoughts. The message is self explanatory.

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Originally Posted by Motor Racing Legends
Urgent Action Required
Help save our Sport from EU directive
There is a truly serious threat to our sport looming out of the EU very soon – that will result in all forms of motorsport in Europe being forced to shut down. This threat is very real and is no joke. It is imperative that we all respond to the EU Survey on this issue to make our views known. The deadline for submissions is October 20th. Chris Aylett of the MIA has put together an extremely useful guide explaining how to respond, exactly what to say, and which sections to ignore. It takes less than 10 minutes to complete if you follow the MIA guidance.

If you are a company active in motor sport, please amend the figures for staff etc at the relevant point. If you are an individual, I suggest you just substitute ‘we’ for ‘I’.

It is vital that we all respond to this survey right away.

Here is the message from Chris Aylett, Chief Executive of the Motorsport Industry Association:

Subject: URGENT ACTION - to save motorsport in all EU Member States your personal action is needed before October 20th - THIS IS A GENUINE THREAT
Importance: High

Dear Motorsport friend and colleague,

I do not apologise for the dramatic title to this message 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, details of which are attached - 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.

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 respond BY OCTOBER 20th to the EC Review Consultation - https://ec.europa.eu/info/consultati...r-insurance_en by using the simple ‘MIA Response Guidelines’ which can be downloaded 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.

We really must work together to 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. Please forward this email to fellow drivers, friends, car preparers and other motorsport contacts.

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 most sincerely – your immediate help is invaluable and much appreciated

Best regards

Chris
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Old 11 Oct 2017, 11:02 (Ref:3773637)   #2
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Hmm. Money talks. Do insurers not offer this type of product? If no, is there a reason why not?
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Old 11 Oct 2017, 11:04 (Ref:3773638)   #3
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I suspect they can't because the damages are "at large" which effectivley means you can't put a price on them.

That said, now that Pastor Maldonado is out of the picture, they may feel more comfortable.
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Old 11 Oct 2017, 17:51 (Ref:3773731)   #4
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bit of a side question, if this goes through, what are the implications for the UK post Brexit?
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Old 11 Oct 2017, 18:41 (Ref:3773743)   #5
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nobody really knows, chilli. it depends how much of eu law will get duplicated in uk law for continuity and when they decide the cutoff will be - presumably the date we're going to officially leave which is june 2019 iirc?
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That said, now that Pastor Maldonado is out of the picture, they may feel more comfortable.
one of his relatives has been causing a modest amount of chaos in brdc british f3 this year, they're not completely at ease
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Old 11 Oct 2017, 18:54 (Ref:3773745)   #6
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bit of a side question, if this goes through, what are the implications for the UK post Brexit?
The way that the exit negotiations appear to be going make that almost impossible to answer. There are still too many "if and buts" in what will possibly be a very long and drawn out process, and if the EU directive is implemented before the UK is fully out, then it may well have to be incorporated into UK law.

However, things rarely get settled quickly in the EU, and as has been suggested in another thread on this subject, there are many vested interests throughout Europe who will not want to see this come into being. I would suggest that companies such as Mercedes, VAG, Ferrari and so on will be putting huge pressure on their respective governments to make sure that it doesn't affect their projects.

Can you imagine the cost to private individuals who would need to find an insurance policy with unlimited liability payments so that they can continue to cut their grass with a mower? Or a farmer with a small holding that just about keeps the family financially afloat who will be able to afford such a policy?
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