The major organisers of historic racing are planning for a 10 per cent reduction in activity in 2009 in the face of the global economic downturn. A cut-back in the number of race meetings and championship rounds is likely across the sport, and clubs are urging circuits to peg back increases in track hire costs.
“It’s a year for consolidation and caution, and providing what our members want to do,” said Christopher Tate of the Masters Series. “All the evidence is that people who have historic racing cars will do all they can to race them, and recent auctions show that, for instance, the market for pre-1978 3-litre F1 cars remains very strong.”
Oli McCrudden of the Historic Formula One Championship said: “We may do one event fewer in 2009. Circuit prices need to reflect the current situation, as that’s where the major cost is. That cost has to be reflected in entry fees.”
The Historic Sports Car Club has already trimmed three days of racing in comparison to its 2008 calendar. “We have to be realistic and expect entries to be reduced, which means that some meetings will be marginal,” said Grahame White, the club’s CEO. “However, if circuits don’t increase hire charges, we will try not to increase entry fees.”
In other recession-led changes the Masters season will start later and closer to home than before, with the first major festival at Donington in early May rather than the late March date at Mugello in Italy held in ’08.
Letters From Readers - Tachometry For The Impecunious, January 1948
It was with some trepidation, to use a well-worn phrase, that I decided to release the following, as one never knows to what lengths powerful business interests might go if…
New points system to reward more drivers
A new FORMULA 1 points system and ex-drivers joining the stewards rota were among the key changes voted for by the World Motor Sport Council in its first gathering under…
The late Donald Campbell's "Bluebird" with which he broke the Land Speed Record in 1964 at 403.1 m.p.h. has been purchased for £85,000 by the Science Museum, the NMM Heritage Memorial…