Life and Discounted Membership offer

Updated: May 12, 2020

We write to you as your recently appointed Chairman and the Council Member for Membership of the Bugatti Owners' Club and operator of Prescott Speed Hill Climb. As we are sure you are aware, the BOC is one of the oldest car clubs in the UK and are the owners and operators of one of the longest standing purpose built motorsport venues in the country. Over recent years the Club has worked hard to develop infrastructure at Prescott Hill which has seen its cash reserves invested into bricks and mortar. This combined with a couple of years hard trading has seen the Club slip into a position where rejuvenation is required in order to keep the bank balance in the black. Your Council Members have worked hard over the winter months to put new systems and innovations in place in order to restablise the Club, but now we face even tougher times with the shutdown of our venue following the global Covid-19 Pandemic. The immediate effect of the pandemic on the Club is that we are unable to operate our events. This has the direct impact of reducing our income by some 86%. Sadly overheads are not able to be reduced by the same, significant percentage and due to previous investment in venue development projects we have limited cash resources to fall