The Right Honourable Lord Drayson of Kensington has replaced outgoing Lord Astor of Hever as the new Honorary President of the Motorsport Industry Association (MIA), after accepting an invitation from its members.

Paul Drayson has become a pioneer in the introduction of green technology on the racetrack, achieving a UK first in winning a round of the British GT Championship in his unique bio-fuelled Aston Martin DBRS9 at Snetterton in 2007. In 2009 he formed his own team, Drayson Racing, which has gone on to compete in the ALMS, LMS and Asian Le Mans Series, as well as competing at Le Mans and Sebring. In 2010, the team took its Flex-Fuel Lola-Judd V10 LMP1 coupe to third overall in the first ever Intercontinental Le Mans Championship.

As well as his success in Motorsport, Drayson has also enjoyed a successful Business and Political career, founding Powderjet Pharamaceuticals plc in 1993, before becoming a working peer in UK Parliament in 2004, holding various positions over the last six years.

Said MIA Chairman Alistair Fergusson“Lord Drayson has been a staunch supporter of the MIA for many years. He has a keen and well-informed understanding of the value of our industry and the wider contribution it can make to UK plc and the wealth of other nations. As a racer and an engineer, he has firsthand knowledge of the challenges engendered by the sport which MIA members underpin. His experience in Government will be invaluable in our efforts to more widely develop our industry. Our new Honorary President will be a huge asset to the MIA and our members around the world. I look forward to working with him and taking the MIA to its next stage of development.”

Lord Drayson commented, “I am a long standing fan of the MIA and its achievements, and firmly believe it has an ever-increasing role to play in optimising the world-class resources and talent that lie within the motorsport industry. I believe my career and experience in business and Government, coupled with my lifelong passion for motor-racing, will be of aid to the MIA's work and the prosperity of its members. There is no better way to launch my Presidency than by getting stuck in with the MIA team at this week's Autosport International Show and meeting as many fellow members as I can.”