Racing is a competition of speed, against an objective criterion, usually a clock or to a specific point. The competitors in a race try to complete a given task in the shortest amount of time.
The Goodwood Festival of Speed is an annual hill climb featuring historic motor racing vehicles held in the grounds of Goodwood House, West Sussex, England in late June or early July; the event is scheduled to avoid clashing with the Formula One season, enabling fans to see F1 machines as well as cars and motorbikes from motor racing history climb the hill.
In the early years of the Festival, tens of thousands attended over the weekend; it currently attracts crowds of around 100,000 on each of the three days it is now held. A record crowd of 158,000 attended in 2003, before an advance-ticket-only admission policy came into force; attendance is now capped at 150,000.
The Goodwood Festival of Speed was founded in 1993 by Lord March in order to bring motor racing back to the Goodwood estate — a location steeped in British motor racing history. Shortly after taking over the estate in the early 1990s, Lord March (as he is formally known) wanted to bring back motor racing to Goodwood Circuit, but did not have the necessary permit to host a race there. Therefore, he instead hosted it on his own grounds.