Decision had been promised by end of 2020
The fate of the Island's flagship road racing event still hangs in the balance, with government yet to make a decision on next year's TT.
Treasury Minister Alfred Cannan had promised an announcement would be made before the end of this year
Chief Minister Howard Quayle gave this update at a recent press conference:
Outgoing chief minister keen to 'fulfil' election commitments
Cannan replaced by Chris Thomas in job top
Chris Thomas elected Chief Minister
He won the vote 16-6 in Keys
Larne sailings at risk of disruption or cancellation
Warning for passengers ahead of forecast adverse weather
How your MHK voted in the chief minister vote
Chris Thomas elected to replace Alfred Cannan