SDLP East Derry MLA Cara Hunter has said the cancellation of road racing in 2023 is a huge blow to the area and the North as a whole.

The decision was announced due to a rise in insurance costs.

Ms Hunter said the events were hugely important to the local economy and regularly attract thousands of people to the North.

East Derry MLA Ms Hunter said:

“Road racing is part of the fabric of life on the North Coast. The racing scene has a huge following with thousands of people travelling to the area to view these events and take part in the festivities surrounding them.

“These events are worth millions to our economy and create a real community spirit. Our hotels and hospitality businesses will suffer as a result of these cancellations which could threaten the future of many who rely on the racing calendar to attract visitors.”

SDLP Sports Spokesperson Justin McNulty MLA said:

“This news is catastrophic for the road racing scene across the North, the competitors themselves, the legion of fans and the many businesses who benefit as a result of these events in their area. These races have been a tradition in many areas for years and their loss would leave a real absence that would be keenly felt among those who support the sport.

“All hope is not lost and I believe that every effort must be made to find an insurance provider to secure the future of these events that mean so much to so many. Our road racing community is an important part of the uniqueness that defines the North and to lose it would be an incredible shame for everyone involved.”