NEWSLETTER AUTUMN 2018 WORLD CLASS SPORTS ENGINEERING HUB AT SILVERSTONE PARK Read the full story on Page 2 Image: Russ Ellis www.russellis.co.uk INSIDE this issue PAGE 4 PAGE 6 PAGE 8 PAGE 10 OVER 40,000 SQ FT LET AS FOUR MINI MAGIC! EXPANSION INTO AUTONOMOUS SILVERSTONE BRAND GETTING MORE COMPANIES JOIN NEW MINI REMASTERED VEHICLES FOR ELECTRIFICATION STRONGER ALL THE TIME ROLLS OFF PRODUCTION LINE AND HYBRID EXPERT www.silverstone-park.com To read the full versions of each article please visit silverstone-park.com/media/latest-news BUSINESS BUSINESS WELCOME Aerodynamics specialist TotalSim has chosen Silverstone Park to TotalSim has already enjoyed considerable success in sports create a new 26,000 sq ft state-of-the-art sports engineering engineering with Great Britain’s cycling team and other World facility which it believes will have “global appeal”. Olympic sports. The exciting project – named the Silverstone Sports Engineering The company provides consultancy to the Silverstone We’ve had a good summer at Silverstone Park Hub – benefits from a £2m BTVLEP grant and will comprise Technology Cluster (STC) along with Brackley additive and there continues to be great potential two wind tunnels: one for cycling and other sports such as manufacturing specialist KWSP which is helping with the overall for future development of the estate and, class sports wheelchair athletics, speed-skating, skeleton and running; the design of the Hub’s wind tunnels, as is former Olympic cyclist increasingly, new business opportunities for other for testing fabrics. Chris Boardman. our companies. Offices, design studios and workshops for production, MEPC’s Roz Bird, Commercial Director at Silverstone and also TotalSim’s move to the Park – to build a prototyping and testing will also be included – as highlighted on Chair of the STC, enthused: “This is an exciting development for 26,000 sq ft, world class sports engineering engineering ITV Anglia (pictured below). Silverstone Park and we are delighted to welcome TotalSim who hub – speaks volumes for the estate as a place are world leaders in the field of computational fluid dynamics. to network, collaborate, get deals done and It is anticipated that the facility will be completed in the first develop innovative, cutting edge ideas that quarter of 2019 and, over a period of five years, it is projected “The Silverstone Sports Engineering Hub represents a new could potentially have a global impact hub at to provide 65 new jobs, ten apprenticeships and support to innovation centre with specialist facilities to support companies 45 enterprises. involved in aerodynamics and sports engineering.” Danecca, Valluga Racing and Automotive Insights also moved here this summer, over 40,000 sq ft TotalSim MD Rob Lewis commented: “Tapping into the of accommodation let in August alone. world class high-tech skills pool around Silverstone enables us Silverstone to create a unique innovation incubator for companies in Also, David Brown Automotive’s Mini We are delighted to be supporting sports engineering and services which we predict will have Remastered cars are now rolling off the this exciting innovation at the heart of production line at its 18,000 sq ft premises, to global appeal.” the Silverstone Technology Cluster, to fire customers as far away as the USA and Japan. Park innovation, business productivity and growth FIA Formula E team Virgin Racing unveiled for the local economy. its new car at a glitzy ceremony inside its 11,000 sq ft headquarters in a technical Richard Harrington, Chief Executive, BTVLEP partnership with Audi and digital energy/IoT giant Envision. And Delta Motorsport’s recent expansion on site is bearing fruit as it diversifies into autonomous vehicle development, complementing its work in hybrid and electrification technology. The skills, capabilities and ambitions of businesses at Silverstone Park and within the Silverstone Technology Cluster are second to none and my observation is that the ‘latent potential’ identified in SQW’s cluster report in May 2016 is starting to be fulfilled. Significantly, our achievements have not gone unnoticed, with support from the DIT and very positive feedback from visiting Minister Robert Jenrick MP, the Exchequer’s Secretary. Looking beyond our natural geographical boundary and exploring opportunities with the high-tech clusters in Oxfordshire and Cambridgeshire is now a must. A cluster-of- clusters creates a ‘supercluster’ – a critical mass of activity, with global significance for UK plc which, I am sure, can create great new opportunities for all companies in our Silverstone business community. If we can pull the right things together then we believe that organisations will come from around the world to take advantage of the facility – thereby helping to put the UK at the forefront of the development of aerodynamic technologies. Rob Lewis, MD, TotalSim ROZ BIRD COMMERCIAL DIRECTOR 02 To read the full versions of each article please visit silverstone-park.com/media/latest-news Tel: 01327 856000 | www.silverstone-park.com 03 BUSINESS BUSINESS Four new Department for International Trade hails companies Silverstone Park’s ‘optimum business site’ 40,000 sq ft The Department for International Trade Cluster, the Innovation Centre at has praised Silverstone Park as “an Silverstone Park and some of the optimum site” to showcase opportunities businesses based in there, so it stood out plus of within business after its Export Hub made as an opportunity to be here.” a second visit to the estate in September. He continued: “We were very pleased lettings Companies from across the region with the variety of businesses which including some based at the estate came to Silverstone. attended several sessions held by the DIT in “While tech/manufacturing was the Hub which previously visited in 2017. Going forward the next MEPC successfully let a further 41,000 sq high quality ‘mystery shopper’. well represented, other businesses ft of commercial property at Silverstone Stuart Baird, Consul, Head of Trade represented sectors such as retail, FMCG, stages of development look These latest lettings bring the total of Park in August alone after four more for the DIT in Washington, USA, life sciences and digital marketing which commercial property now occupied at to be extremely exciting, businesses – three of them operating in commented: “Our regional international shows that the North American market is Silverstone Park to 370,000 sq ft of the high tech engineering – located to the with a range of interesting 400,000 sq ft built. trade advisors felt Silverstone Park was accessible for all types of companies.” rapidly expanding business estate. an optimum site, particularly when occupier discussions which MEPC’s Roz Bird, Commercial Director The latest lettings are expected to create talking about some of the opportunities we hope will translate into at the estate, commented: “This latest more than 50 new jobs on site… in technology and the USA/Canada influx of companies during August further take up. market for businesses in the region. TotalSim, a world leader in computational highlights the appeal of Silverstone Park Join the Cluster, Jon Silversides, Carter Jonas fluid dynamics, has commenced the fit- for companies with growth ambitions.” “It’s a region known for its technical out of its 26,400 sq ft ‘Silverstone Sports expertise with the Silverstone Technology take advantage! Engineering Hub’ (see pages 2-3). Competition car specialist Valluga Racing Joining the STC membership, which has taken an 8,000 sq ft facility which now totals 79 influential companies in is part of the same new 125,000 sq ft With the level of interest engineering and business growth, could speculative development built by MEPC we’ve had and only 22,000 sq not be easier. within the AVDC Enterprise Zone. ft remaining of new stock, we Heading for Advanced Visit the silverstonetechnologycluster. Advanced battery technology expert com website to see who has joined so far. Danecca has taken a hybrid R&D unit are now involved in detailed of 2,254 sq ft (office and workshop discussions with MEPC about Engineering Show & As well, tech companies of all sizes are accommodation) while in the same further development. encouraged to attend the STC’s special building, letting 4,644 sq ft, is interest group meetings, forums and Automotive Insights Ltd – a provider of Jamie Catherall, DTRE MotorsportDays.LIVE introduction events – many of which are free. Email CEO Pim van Baarsen at Silverstone Park will have a strong Just a day later, the Park and the STC [email protected] presence at 2018’s Advanced Engineering will then sponsor new motorsport for more details. van Baarsen and also Rob Lewis, MD Show (AES) at NEC Birmingham on business and careers opportunities event Park & STC can of world leading aerodynamics and (Weds 31 Oct/Thurs 1 Nov) as a founding MotorsportDays.LIVE (Fri 2/Sat 3 Nov) in computational fluid dynamics business member of the Silverstone Technology Silverstone Circuit’s Wing building. play “crucial role” TotalSim which is creating a 26,000 sq ft Cluster which is again sponsoring the To cap a busy week for the STC, event’s high profile VIP Lounge. in growth sports engineering facility on site. its Autonomous Connected Electrified “The Cambridge-Milton Keynes- AES is regarded as the UK’s premiere Shared (ACES) special interest group corridor’s future Oxford corridor is one of the greatest show for high tech networking as well (SIG) will meet at board member opportunities for economic growth in as demonstrations of latest technologies Grant Thornton’s offices in Milton STC FOUNDING MEMBERS: Europe…” said Robert.”Based on and applications. Keynes (Weds 7 Nov) with Uniti (a Robert Jenrick MP, Exchequer Secretary Swedish EV company), Hexegic (cyber my visit I see a clear role for Silverstone Park Commercial Director to HM Treasury, believes both Silverstone security) and Woodfines (road transport Silverstone Park and the businesses and STC Chair Roz Bird said: “AES’s Park and the surrounding Silverstone law) each presenting.