Since foundation, HVRI has concentrated its research efforts on supporting projects sponsored by the Federation of British Historic Vehicle Clubs for publication under the FBHVC banner. It has also supported a study (in 2006) that was sponsored and published by the Federation Internationale des Vehicules Anciens [FIVA].
A significant element of recent work has been to develop and update the initial research data from 1997. This has now been done twice, first in 2006 as part of a wider study across ten European countries and again in 2011.
2010 saw the start of a new initiative to look at the value of the historic vehicle movement to local communities where concerns are sometimes raised about disturbance caused by large events, especially traffic congestion and noise. Further studies have been carried out on the Beaulieu International Autojumble and the Goodwood Revival meeting both in 2012, while in 2013, and both annual events involving large numbers of the general public, while in 2013 a much smaller one-off event, the 4th. European Healey Meeting, was analysed.
All eight research programmes have been undertaken from proposal to presentation of results by directors of the HVRI and their associates. The reports are summarised below and the full text is available by following the links. Please note that the links for the reports since 2012 take you to the full report as published on the FBHVC website.
1997 [Before HVRI was founded, but undertaken by three of those who would go on to create HVRI]. The first assessment of the contribution made to a national economy by the historic vehicle movement undertaken by FBHVC in collaboration with the University of Central England. Key results: GBP 1.6 billion gross annual turnover, 25,000 employed; 50% of historic vehicles cover fewer than 1500 miles per year.
2006 The first measurement of the value of the pan-European historic vehicle movement undertaken in conjunction with FIVA covering 10 EU countries and was supported by the FBHVC in the UK. Key results: 16 billion Euro overall annual value to the EU; Over 55,000 employed; 70% of historic vehicles travel less than 1,500k per year.
2006 Reassessment of the British historic vehicle movement as part of the above pan-European exercise, separate report published by FBHVC. Key results: GBP 3.2 billion worth of business in UK per annum; 27,000 employed; Over 65% of historic vehicles travel less than 900 miles annually.
2011 The first economic impact study to measure the benefits for a local community resulting from an historic vehicle event taking place in the locality, undertaken in conjunction with the University of Brighton and FBHVC, measuring the impact of the 2010 London to Brighton Veteran Car Run on the City of Brighton and Hove. Key result: Over GBP 1.1 million extra spending takes place in the City of Brighton and Hove as a result of the Run.
2011 A further assessment of the British historic vehicle movement. Key results: GBP 4.3 billion overall annual value; Nearly GBP 1 billion in exports; Over 28,000 employed; 57% of businesses serving the movement are over 20 years old; Historic vehicles are responsible for less than 0.24% of total traffic miles.
2012 Local impact assessment of the International Autojumble at Beaulieu, a 2-day event with 38,000 person/days attendance, carried out in conjunction with the University of Brighton and with the support of the FBHVC. Key results: GBP 3 million spent within the local economy; Over 11,000 person-nights accommodation for local hotels and guest houses; Direct temporary employment for 220 people.
2012 Local impact assessment of the Revival Meeting at Goodwood, a 3-day event with 145,000 person/days attendance, carried out in conjunction with the University of Brighton and the support of the FBHVC. Key results: Over GBP 12 million spent within the local economy; Over 23,000 person-nights accommodation for local hotels and guest houses; Direct temporary employment for 350 people.
2013 Local impact assessment of the 4th European Healey Meeting, a 6-day event involving 500 people in 250 cars, carried out in conjunction with the University of Brighton and the support of the FBHVC. Key results: Over GBP 950,000 spent in UK economy, of which over 75% was from overseas; Brought £275,000 net worth of trade to the small Scottish community of Crieff.
2014 Local impact assessment of the Festival of Speed at Goodwood, a 4-day event with 200,000 person/days attendance, carried out in conjunction with the University of Brighton and the support of the FBHVC. Key results: Over GBP 25 million spent within the local economy; Over 26,000 person-nights accommodation for local hotels and guest houses; Direct temporary employment for 600 people.