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Written question asked by Ben Wallace (Conservative) on Wednesday, 16 July 2008, in the House of Commons. It was due for an answer on Monday, 21 July 2008. It was answered by Malcolm Wicks (Labour) on Wednesday, 17 September 2008 on behalf of the Department for Business, Enterprise and Regulatory Reform.


Motor Sports: Finance

Question
To ask the Secretary of State for Business, Enterprise and Regulatory Reform how much funding his Department has provided for motor sports technological development in each year since 2003.
Answer

Since 2003, BERR has allocated a total of £4 million towards motorsport development as part of its commitment to the work of Motorsport Development UK (MDUK). In addition, the motorsport industry has received £1.4 million from UK Trade and Investment Sectors Group. Expenditure is set out in the following table:

£000
MDUK funding UKTI Sector Group funding Total spend in financial year
2003-04 0 0 0
2004-05 573 339 912
2005-06 1,122 395 1,517
2006-07 1,277 358 1,635
2007-08 982 322 1,304
Total 3,954 1,414 5,368

Secondary information

Type
Written question
Reference
479 c2239-40W; 220499
Session
2007-08
Subjects
Finance Motor sports
Link
View this Written question on www.publications.parliament.uk