The event, from 6 to 8 June, is expected to attract thousands of people from the UK and France as well as the other Channel Islands.

During the festival there will be two hill climbs, a sea-front moonlight sprint and a touring rally.

Steve Salmon, president of the Classic and Vintage Motor Racing Club, said: ‘It’s a great pleasure having Credit Suisse in the driving seat as the title sponsors for the next three years. They bring a wealth of knowledge not only from their day-to-day activities in international finance, but also from their European colleagues who assist with great classic car events.’

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