There are five candidates standing in the contest and they are:
Gerard Batten MEP
Mike Nattrass MEP
Nikki Sinclaire MEP
and Alan Wood, a councillor from Wiltshire.
In a contest that has seen some controversy Lord Pearson appears to be the favourite, and he is the preferred choice of Farage, who upset the other candidates earlier this month when on the BBC Daily Politics show he claimed:
"Only one of them is a serious credible candidate, and that's Lord Pearson"
Lord Pearson himself, made some comments critical of Muslims claiming that they are:
“breeding ten times faster than us. I don't know at what point they reach such a number we are no longer able to resist the rest of their demands. We must be looking at somewhere between 10 or 20 years. If we don't do something in the next year or two we have in effect lost."
During the campaign it also emerged that candidate Mike Nattrass is being investigated over his expenses.
Given that UKIP are the only genuine eurosceptic party worth voting for, yet again it seems they display much better talent at shooting themselves in the foot than promoting the eurosceptic cause.
The announcement should be about 3pm today, although the result will probably be known before then.
Update: No surprise, Lord Pearson is the new leader of UKIP.
Results are as follows:
Lord Pearson 4743
Gerard Batten 2571
Nikki Sinclaire 1214
Mike Nattrass 1092
Alan Wood 315