Cryptic crossword clue
It measures the miles possibly motored around English capital 8

The most common and most likely answer to this crossword clue is the 8 letter word ODOMETER

I've seen this crossword clue in Financial Times
O
D
O
M
E
T
E
R


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The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does ODOMETER mean?

ODOMETER noun
  1. An instrument attached to the wheel of a vehicle, to measure the distance traveled.
  2. A wheel used by surveyors, which registers distance traveled.

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