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TT World Series plans put on hold

Plans to run a TT World Series have been shelved with the proposal described as 'high risk' by the Manx Government.
Plans for a TT World Series have been put on hold with the Manx Government opting to focus on continuing to grow the Isle of Man TT and Classic TT races.

Described as a 'high risk' idea by Economic Development Minister Laurence Skelly MHK, £190,000 was paid to The Sports Consultancy to explore the feasibility of the proposal.

However, a company is still being sought as a 'promoter partner' for the Isle of Man TT and Classic TT before the start of the TT next May.

In a statement released by the Department of Infrastructure on Friday, Mr Skelly said: '[The TT World Series] has always been a relative high risk idea – indeed, some people have voiced concerns that the series might fail or might dilute focus on the Isle of Man events, either of which could harm the TT and the island's economy.

'My department therefore considered very carefully the bids to see whether we could be confident we could deliver the proposed TT series while managing the risks.

'If we were a private business, then I think we may have been prepared to take the risks associated in pursuit of the substantial benefits offered in at least one of the bids.

'However, government must be mindful of the importance of the TT to many other stakeholders including local businesses, so my department has applied a higher threshold of risk than say a private organisation would apply,' the statement added.

'We have therefore decided that the best way forward is to focus on growing the home events and making them more appealing.

'In a few years we can then reconsider the TT series idea with a stronger proposition to take the global motorsport market.'


Tagged as: Isle of Man TT

Related Pictures

Click on relevant pic to enlarge
John McGuinness at the Isle of Man TT in 2013
Guy Martin on the Honda Fireblade at the Isle of Man TT.
Michael Dunlop at the Classic TT
Dean Harrison on the Silicone Engineering Kawasaki in the Senior TT.
Peter Hickman in the Senior TT on the Smiths BMW.
Michael Dunlop on the Bennetts Suzuki in the Senior TT.
Bruce Anstey on his way to victory in the TT Zero race.
Guy Martin on the Honda Racing Superbike.
Jochem van den Hoek.
Michael Rutter took victory in the Lightweight TT on the Italian Paton.
Dan Kneen celebrates with his team after sealing his maiden Isle of Man TT rostrum in the Superstock race.
Ian Hutchinson celebrates his Superstock victory.
Ian Hutchinson on his way to victory in the Superstock TT on the Tyco BMW.
Davey Lambert in the RST Superbike race.
A Sidecar narrowly missed spectators in an incident that was captured in a video posted on YouTube.
James Hillier on the JG Speedfit Kawasaki in the opening Supersport TT race.
Michael Dunlop in the Supersport TT.
Michael Dunlop on his Yamaha in the Supersport TT.

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WolfJFlywheel

October 23, 2015 7:52 PM

Quelle surprise!! So the IOM Governent spent £190,000 to find the answer which we could have told them for nothing. No wonder their economy is in such a mess. What a bunch of useless muppets they have running the Isle of Man.



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