Motorsport trade body expands international HQ in Warwickshire

The global trade association for the motorsport industry has expanded its Warwickshire headquarters.

The Motorsport Industry Association (MIA) has outgrown its base at Stoneleigh Park, at the heart of Motorsport Valley UK, and is moving into new offices on the estate to service the needs of its increasing worldwide membership.

Around £300,000 has been spent by LaSalle Investment Management, which manages Stoneleigh Park, to refurbish an existing building for the MIA.

The MIA, founded in 1994 with the aim of promoting the UK’s motorsport industry, has since grown to represent nearly 300 international corporate members within the motorsport, high performance engineering and services sectors.

Together these companies transact more than £9bn of motorsport business worldwide.

Chris Aylett, CEO of the MIA, said: “We are the only trade association in the world catering for the business of motorsport and represent the needs of many members including F1 teams such as McLaren, Force India and Williams.

“Our move into bigger premises at Stoneleigh Park is due to the expansion of our activities brought about by our growing membership and the need for more staff to service their requirements. We have recently expanded by opening offices in China and America.”

Mr Aylett said although the association had outgrown its former premises, his colleagues were keen to stay in the area and if possible, at Stoneleigh.

“We are extremely pleased with the finish and quality of the refurbishment which will enable us to better utilise our space, to work with the speed and efficiency associated with the industry we represent,” he said.

The work was carried out by Warwickshire-based JW Contracts and Services, the main contractor for refurbishment projects undertaken by LaSalle at Stoneleigh Park.

Colin Hooper, estates director at Stoneleigh Park, said: “The MIA is a long-standing tenant at Stoneleigh Park and we are delighted to be providing the association with a new home to maximise its opportunities.

“The office space is almost twice the size of its previous premises and we have carried out a significant refurbishment to high standards to provide a modern and efficient working environment.”

Pictured at the new offices are CEO Chris Aylett, front left, and Colin Hooper, front right, with members of the MIA team.