Motorsport is set to become exempt from the European Union's Motor Insurance Directive (MID). European Parliament and the European Council agreed to revise the current directive - this follows backlash from those in the motorsport industry who opposed decisions made following the decision in Vnuk in 2014.
Given that motorsport requires a wide range of mechanically powered vehicles, it would mean that any collision in European motorsport would be treated as a road traffic incident.
Speaking on the recent decision to amend the MID, Alistair Kinley said,
"Of course, it makes sense to remove motorsports such as Formula 1 - the motor insurance regime is designed for road cars such as Fiats and Fords and European Parliament described the current position as an 'absurd overregulation'."
Alistair's comments have been published in Insurance Times and can be read here.