Motor Sports: Northern Ireland
The question
To ask the Secretary of State for Culture, Media and Sport, whether her Department has made an assessment of the economic benefits of the (a) motorbike road racing season and (b) Ulster Superbike Championship in Northern Ireland.
Answered by Stephanie Peacock
The Government is committed to supporting economic growth in the sport sector, and ensuring this translates into tangible outcomes that span grassroots participation through to elite performance.
DCMS has not made an assessment of the economic benefits of the motorbike road racing season or the Ulster Superbike Championship in Northern Ireland specifically. However, the motorsport road racing season has an impact on the economy directly with live races, including at Brands Hatch, Silverstone, the North West 200 and others, as well as the indirect impact it makes via R&D advancements. These events are a highlight for many local communities, doing so much to make the UK the home of motorbike racing.
In September 2024, DCMS published the Sport Satellite Account. The results estimated that the sport sector as a whole contributed £53.6 billion directly to the UK economy in 2021 (equivalent to 2.6% of the total UK Gross Value Add in 2021).
The Sport Satellite Account estimated that the sport sector contributed £1.2 billion directly to the Northern Irish economy in 2021 (equivalent to 2.6% of the total Northern Irish Gross Value Add in 2021).
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