Short-listed entrants will receive a site visit from a panel of judges.
From 2007, new entrants will have a better pension accrual rate to help offset their normal pension age of 65.
It was in aid of breast cancer research and cancer care and all the entrants were encouraged to wear decorated bras.
Tho while previous entrants had been treated with mocking condescension, Lakeman was treated as a serious contender.
He tours the pit lane asking competitors what they think needs to be done to attract more entrants.