UK motorsport businesses missing out on corporation tax relief Sport Business The heart of the UK’s Formula 1 and motorsport hub could be paying unnecessarily high tax rates because they’re unaware of free relief available to them, a new study has revealed. Less than 10 per cent of firms are claiming Patent Box relief in the motorsport corridor of the UK, which houses the likes of [...]
Extreme E in Scotland will be at centre of changing landscape trial time Change seems to be in the air up in Dumfries and Galloway this weekend. Last week’s General Election may not have seen a switch in party in the Scottish constituency but at the Glenmuckloch opencast coal mine will be the backdrop for a key shift in motorsport, through Extreme E, and how it’s powered this [...]
Electric racing looks to make mark on status quo vroom The United States is motorsport mad: they live for Nascar and IndyCar and have recently adopted Formula 1 once again. This weekend the electric version of the world’s dominant motorsport, Formula E, heads to Portland for its penultimate weekend of racing. With four races to go until a Formula E champion is crowned in London [...]
Formula E and motorsport at heart of a China waking from its slumber May 25, 2024 In Rome’s Palazzo dei Congressi last summer, Formula E chief executive told City A.M. that a return to racing in China after four years was on the cards. “We need to be in mainland China,” he said. “I know we can dance around that a bit but we need to be in mainland China. “Every [...]