Business Career
The same year Palmer acquired the lease to develop Bedford Autodrome. Opening in 1999, it is used for trackdays and testing in addition to the PalmerSport corporate driving activity. This coincided with further business ventures, including the launch of the Formula Palmer Audi Championship, which provided a lower cost alternative to Formula 3. Inaugural 1998 champion Justin Wilson won a fully funded season in Formula 3000 and with Palmer managing his career, a then-unique share issue in the driver was launched after he won the F1 feeder formula, helping him to secure a drive with the Minardi team. Formula Palmer Audi has also helped shape the careers of many drivers, including triple World Touring Car Champion Andy Priaulx.
In 2004 Palmer, along with business partners John Britten and Sir Peter Ogden acquired the Brands Hatch, Oulton Park, Snetterton and Cadwell Park circuits from Octagon, under the umbrella of MotorSport Vision (MSV). The company, of which Palmer is Chief Executive, also co-ordinated and ran the now defunct Formula Palmer Audi Championship, before acquiring the commercial rights for the British Superbike Championship in 2008 and, in the same year, successfully tendering to operate the new FIA Formula Two Championship. In addition, MSV administers several club series and championships under the MSVR banner and organises trackdays as Club MSV.
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