The TTxGP concept was presented to the Island's racing fraternity at the Hilton Hotel last night.
The World's first clean emission carbon free Grand Prix is due to take place on Senior Race day next year over one lap of the Mountain Course.
Over 50 organisations have expressed an interest in taking part in the event, but so far only 15 riders have been signed.
The man behind the project is Azhar Hussain - he's well aware only a limited number of competitors are allowed to race around the T.T. circuit:-