2013

FBHVC Study 4th European Meeting, Crieff

Economic Impact Study of the 4th European Healey Meeting Crieff 2013

You may remember the report entitled “A £4 Billion Hobby” followed by economic impact studies into the Goodwood Revival, the Beaulieu Autojumble and the London to Brighton run. This report marks the start of the next phase, reporting on the economic value of club events. The objective of these studies is to demonstrate to our legislators in both Westminster and Brussels the economic value of the historic vehicle movement and to strengthening our influence with them.

At our suggestion, the FBHVC chose our 4th European Healey Meeting in Crieff, Scotland for their first study into the economic benefit of club events. The event attracted 249 cars and crews from all over the world, 77 from the UK, 140 from Europe and 32 from USA, Australia, New Zealand etc. The research team from the University of Brighton attended the event to interview participants who were asked to fill in a questionnaire on their expenditure between leaving home and returning back again.

The presentation of the report took place on our stand at the NEC Classic Car Show to which members of the press had been invited. Peter Dodson had gone to great lengths to set up a very impressive club display stand for the occasion and we managed to attract a good sized audience. After introductions from our Chairman John Keener and Geoff Smith from the Federation, the report was presented by it’s author Jaime Kaminski from the University of Brighton.

Summary of Findings

The 4th European Healey Meeting:–

  • Caused spending in UK of over £950,000.
  • Brought over £700,000 into UK from elsewhere
  • Created trade worth over £275,000 (net) to the small Scottish community of Crieff.
  • Encouraged tourism and other trade elsewhere in Scotland worth over £160,000 (net).
  • Encouraged tourism and other trade in England and Wales worth some £360,000 (net).
  • Contributed at least £150,000 to the Exchequer in VAT revenue.
  • Generated over 7,600 person-nights of accommodation in hotels and guest houses.
NEC Classic FBHVC 1
Chairman John Keener introducing FBHVC Vice Chairman Geoff Smith and event organiser Tony Curran

NEC Classic FBHVC 2

NEC Classic FBHVC 3
Author, Jaime Kaminski of Brighton University presenting the findings of the report.