The next phase of plans for a TT World Series will see the Manx government seek a commercial partner, to organise and promote it.
The plan is to create an international championship of road races under the TT banner.
The final round would be the TT itself.
Laurence Skelly MHK is the Department of Economic Development's member with responsibility for motorsport:
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Airline operates several routes to and from Ronaldsway
Repairs and maintenance needed on Great Union Camera Obscura
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MNFU president worried about costs facing next generation
Murray Cringle says few farmers enter the sector unless they have a family connection
One in eight drinking above recommended weekly alcohol limit
It comes as addiction charity Motiv8 says it continues to see increased referrals over alcohol use
