ECJ’s Vnuk Judgement will have disastrous impact on Irish motorsports if it goes through – Hayes
Mondello Park could be shut down following the ruling
Brian Hayes MEP today said that the ECJ’s Vnuk judgement from 2014 which has to be implemented by October 2016 will have a disastrous impact on Irish motorsports and could potentially shut down Irish and European Motorsport.
“The Vnuk Judgement which was adopted in 2014 effectively means that by October 2016 all EU Member States are required to make unlimited third party motor insurance compulsory for all vehicles wherever they are used in the EU.
“Currently, under Irish law compulsory motor insurance only covers the use of vehicles on a road or any other public place. The Vnuk judgement will have massive implications, potentially requiring that compulsory motor insurance covers all private places, including private farmland, racetracks and private carparks.
“Many Irish racetrack representatives have said that this ruling will effectively shut down Motorsport in Ireland as there is no market availability for such mandatory insurance. Their concerns are very real and the risk is that places like Mondello Park will be closed down if these new rules are forced upon EU Member States. Many insurers have said that unlimited third party ‘competitor to competitor’ insurance is effectively uninsurable and will not be made available.
“The effect of this ruling will be disproportionate and will badly impact many private businesses that need to use motor vehicles without unlimited third party insurance.
“There is a solution. The judgement, which will come into force in October 2016, reinterprets the EU Motor Insurance Directive to make these new rules applicable. However, the European Commission can make an amendment to this Directive before October to ensure that these consequences do not come to pass.
“I have made contact with Commissioner Jonathan Hill about this and I am informed that the Commission will come forward with a proposal on this very soon. However, this is subject to the EU decision-making process which can be timely. I will be working with fellow MEPs to ensure that this issue gets resolved as soon as possible.”