A TT world series could be in place by 2017 if plans are approved by government.
So far more than £121,000 has been spent on exploring the idea – which includes a feasibility study and exploring potential venues.
Economic Development Minister John Shimmin says so far it has the backing from the Council of Ministers:
Final contract negotiations are now being undertaken – it’s hoped a contract will be signed shortly.
Minister Shimmin says it is worth progressing:
Cider microbrewery planned for Ballasalla
Covid wrongful arrest and torture claims thrown out by court
Tree fellers to close part of TT course on Thursday
Manx Utilities wants contractors for HQ refurb
Business needed for Peel coffee shop's 'new chapter'
Regulator freezes gas prices
Billionaire says Island's his favourite place on earth
Planners aren't influenced by advertising, says Cannan