Department now looks to expand events
The Department of Economic development says it hopes to have a new commercial promoter for the TT in time for next year’s festival.
Yesterday (FRIDAY), the department announced it was giving up plans to hold a TT World Series after a £190,000 study by a UK consultancy firm.
Economic Development Minister Laurence Skelly says there’ll now be a tender process for companies who can run – and hopefully expand – the TT and Classic TT.
He says it’s time to move commercial aspects such as licensing, broadcast rights and retail away from the government
Isle of Man faces renewed scrutiny ahead of Moneyval inspection
Mobile classroom proposed for UCM horticulture compound
Chance to learn more about career opportunities on Island
Report highlights risks of environmental crime entering financial system