It is said to be a massive blow to tourism
This comes after emergency meetings in recent days in which the organising clubs decided that the events were impossible to run on account of rising insurance costs."The relevant representatives gave their clubs' views on their ability to meet the proposed insurance costs, and fees proposed, as well as any further viable options that may result in the affordability to run events this year.
"The consensus was that the costs proposed were, at this time, unsustainable for most clubs in order to provide the required public liability cover to run our planned events. "The MCUI will, however, continue to pursue all options for the provision of public liability insurance, should they arise in the near future."Northern Ireland's biggest outdoor sporting event, the North West 200, has been cancelled, along with the Armoy Race of Legends, the Cookstown 100, the Tandragee 100, the Sunflower trophy at Bishopscourt, the Ulster Grand Prix and the Ulster Superbike Championship.
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