Domenicali to tell Starmer how vital F1 is to UK

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"F1 President Stefano Domenicali to Discuss Sport's Economic Impact with UK Prime Minister"

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Stefano Domenicali, the president of Formula 1, is set to meet UK Prime Minister Sir Keir Starmer to discuss the significant economic impact of F1 on the UK. This meeting, which coincides with the 75th anniversary of F1, will take place at 10 Downing Street and will feature several drivers and team principals. Domenicali emphasized the UK's pivotal role in the sport, stating that it is the 'heart and rock and roll' of Formula 1, with its origins dating back to the first race in 1950. He will present the F1 ecosystem to the government while addressing challenges posed by Brexit, particularly concerning travel restrictions for staff and the industry’s operational logistics. The F1 industry contributes approximately £12 billion annually to the UK economy, employs over 6,000 people, and supports a supply chain of around 4,500 companies, with seven out of ten teams based in the country.

In addition to economic discussions, Domenicali plans to highlight F1's commitment to sustainability, including the introduction of new engines that will run on 50% electricity and fully sustainable fuels by 2030. He pointed out that while the organization does not seek to overturn Brexit decisions, they aim to facilitate smoother operations for teams and staff, as losing this link could jeopardize the UK’s status as the center of F1. Furthermore, he expressed optimism for the upcoming British Grand Prix at Silverstone, anticipating record attendance but stressing the importance of managing crowd logistics effectively. Domenicali also mentioned contingency plans in light of potential geopolitical conflicts affecting races later in the season, reassuring that F1 is prepared to adapt if necessary. His remarks reflect a proactive approach to maintaining the integrity and prominence of Formula 1 in the UK amidst evolving challenges.

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Stefano Domenicali has been F1 president since 2021 Formula 1 president Stefano Domenicali will meet Prime Minister Sir Keir Starmer on Wednesday and emphasise the importance of the sport to the United Kingdom's economy. Domenicali, who is meeting Sir Keir at 10 Downing Street along with several drivers and team principals as part of an event to mark the 75th anniversary of F1, described the UK as "the heart and rock and roll of this business". The Italian will raise some of the logistical issues faced by F1 as a result of the restrictions imposed on travel by Brexit, while painting the sport as an industry essential to the UK. "For the first time, we're going to have this opportunity to present the F1 ecosystem to your government," Domenicali said. "It is important to remind to everyone how this country is really the heart and rock and roll of this business. "Because everything started here in 1950, the first race, and the offices of this business are here in the centre of London. The vast majority of the teams and the ecosystem is here in the UK." Domenicali said that the F1 industry is worth £12bn annually to the UK economy, employs more than 6,000 people and has a supply chain involving 4,500 companies. Seven of the 10 teams are based in the UK, and 10 of the 11 teams that will be in F1 next year - when Cadillac enters - will have bases in the country. In addition to mentioning the difficulties post-Brexit restrictions create for staff moving between Europe and the UK with regard to visas, Domenicali will also press F1's sustainability credentials. Next year, as part of a plan to be net-zero carbon by 2030, F1 is introducing new engines that produce 50% of their total power output from the electrical part of the engine, and use fully sustainable fuels. F1 believes that sustainable fuels - petrol replacements that are manufactured either from biomass or carbon capture using industrial processes - can play an important role in reducing the carbon emissions created by transport. Domenicali said: "There are things that we need to solve in terms of facilitating the tie-down with Brexit. "There are complications for the movement, there are complications for the visas for people. "And I'm saying that because it's relevant to give the possibility for people to be attracted to work here. Because if you lose that link, then immediately the centre could be moving to other places." However, he emphasised: "I don't want to see this as a threat. But I think it's a matter of respect of what we represent for this country to consider in the right way what could be the limiting factor of development of this industry in this country. "What we are asking is not to change the decision that your country has taken. It's not our mandate and our role. But to facilitate things that are having a burden on the economical side and also in terms of the possibility to be attractive, to be a country more attractive for keeping the central part of F1 in this country." Domenicali said he expected this weekend's British Grand Prix at Silverstone to have an all-time record crowd across the four days of about 500,000 people. But he said Silverstone had a responsibility to ensure it could manage the ingress and egress of that amount of spectators without causing major traffic problems. These had been consigned to the past, but became a major concern again at Silverstone last year. Domenicali said it was "important" for British GP organisers to create a network to minimise the "bottleneck" of people at the event. He added: "This is the most important element, which we're going to push them, to keep developing their plan. "That is not only how they commercialise their packages, in terms of offers for the fans, but also how the fans can arrive in the right way." And he said that while "I cannot think, personally of not having a race in the UK", and that only Silverstone could host it, "the right approach would be not to, from their perspective, think that it is taken for granted". Domenicali said F1 had "a plan" in case the conflict between Israel and Iran affected the season-closing races in Qatar and Abu Dhabi. He would not say what that plan was, but intimated that there were contingency arrangements in place to hold races elsewhere if necessary. "I don't want to even think about it," he said. "But mainly because of the bigger picture." He said the promoters of the two races were "very serious". Domenicali added: "We are not worried at all that this will have an effect. "Hopefully, from here to the end of the year, the situation will ease down and there will be no problem. "But there will be an effect on the cost, because the logistics of the movement of the flights and so on will have an effect on them. But these are things that we can manage in a way to be proactive and to be reactive if needed."

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Source: Bbc News