Tourism chiefs are seeking private sector investment to develop a TT attraction.
Economic Development Minister John Shimmin said it would ‘provide a year-round appeal for TT and motorsport fans’.
In written reply to Tynwald tabled by Douglas North MHK Bill Henderson, the Minister said he hoped to make a more detailed announcement at TT 2014.
Laurence Skelly MHK, who has responsibility for tourism and motorsport, has met potential investors and interested parties, including Manx National Heritage. And he’s been considering government-owned sites that might be suitable.
‘There are several potential sites that have been identified, as has interest from private sector investors,’ Mr Shimmin said.
‘The Department of Economic Development is conscious of the need to progress this initiative in an affordable and sustainable way and our strategy is to seek private sector investment in the development of the attraction.’