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Member, Beacon International Group, Ltd.
Chris Aylett, chief executive of U.K.-based Motorsport Industry Association, said that motorsport could cease in the European Union following a court ruling which requires compulsory unlimited third-party liability insurance to be carried by anyone using any form of motorized transport, Autosport.com reported. The ruling includes tin-top competition vehicles at private venues like race circuits throughout the EU. The ruling means crashes in motorsport events would be treated as road traffic accidents and would involve the police, as would any road traffic collision.