The Thames Valley is at the heart of the UK’s high-performance technology cluster, perhaps better known as ‘Motorsport Valley’ – a global destination for engineering, innovation and business development. ‘Motorsport Valley’ employing thousands of people, including an estimated 25,000 skilled engineers.
The UK is also home to Formula E, with approximately 4,300 companies operating in this sector. The nation is currently Europe’s second largest market for plug-in vehicles and its biggest manufacturer of electric vehicles with over 14,000 public charge points available across the UK. Currently, according to the Motorsport Industry Association, 70% of UK motorsport businesses export their products and services abroad and the US is the UK’s largest export market.
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Silverstone is the epicentre of F1 and is famous around the globe for its race circuit. Home to British Motorsport for more than 50 years, it is host to international events such as the Formula 1 British Grand Prix and the British round of MotoGP. The breadth and depth of companies in the resultant supply chain, together with the technical expertise and innovative minds within the cluster, are unique across the world.
Silverstone hosts a range of companies including Ducati, Porsche and David Brown Automotive, in addition to these, the park is also home to race teams and engineering companies like Delta Motorsport, EDM Precision Engineering and Alan Docking Racing.
Silverstone Park has the potential to be the largest Technology Park in Great Britain, and a global destination for engineering, innovation and business development. Over 80 High Performance and Technology businesses are situated at Silverstone Park; a designated Enterprise Zone at the heart of the UK’s High Performance and Technology cluster.
Silverstone Park sits at the heart of the UK’s motorsport cluster, with easy access to skills and the Silverstone brand. Companies can benefit from past heritage, presented with a modern twist of high-tech success and prestige.
Many F1 motor-racing teams are based in Motorsport Valley, including Williams; Renault; Red Bull and Haas F1, and the region is fast becoming a growing base for international Tier 1 and 2 suppliers.
Motorsport Valley has a range of universities with industry-specific courses, such as Aerodynamics, Engine Design and Tyre Dynamics, from which to recruit highly-skilled graduates. These include: University of Oxford, Oxford Brookes University, Cranfield, Coventry, Warwick, Buckingham and Leicester.
Oxford Brookes University offers an MSc in Racing Engine Design, the only programme of its kind in the world, helping feed the talent pool required by Motorsport Valley. The University also boasts a fully equipped Automotive Laboratory and a Thermodynamics Laboratory, which supports the engine testing programmes within the department.