‘Major financial crisis’ puts Ulster Grand Prix 2020 in jeopardy

In News, Roads, Ulster Grand Prix

CHIEFS at the Ulster Grand Prix have today revealed that the races are under serious threat of dropping off the calendar next year.

Just months off their record-breaking 97th running this season, in which Peter Hickman gave the event back its title of the World’s Fastest Road Race with his 136.415mph lap, bosses now say a huge loss of income thanks to severe weather warnings producing some of the smallest crowds ever seen at Dundrod has resulted in a ‘major financial crisis’.

“The race organisers have met with local MP, Jeffrey Donaldson, alongside representatives of Lisburn and Castlereagh City Council as we continue to seek a solution to the financial problems that would enable Northern Ireland’s most prestigious and historic motorcycle race to continue towards its 100th anniversary,” said Robert Graham, Chairman of the Dundrod and District Motorcycle Club.

“It is clear though, that in the absence of significant financial support, the Ulster Grand Prix is in real and imminent danger of disappearing from the road racing calendar, an outcome that would be a major blow for motorcycle sport in Northern Ireland.”

Over the past few months the Club has been trying to manage the situation, but has now reached a critical juncture and a decision must be made as to whether or not the race will take place in 2020.

Professional advice has been sought and an urgent review is being carried out to assess the viability of the event for 2020, together with the options available for dealing with the existing financial liabilities.

Race organisers will consider the outcome of this review and a decision will be taken in the coming weeks as to the future of the Club and the Ulster Grand Prix.

*Image: Pacemaker

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