The economic development minister says he's encouraged by the number of organisations which have expressed an interest in two of the Island's biggest motorsport events.
Thirteen parties have bid to become the promoter of the TT and Classic TT.
According to DED, a number of international venues and locations have said they would be interested in hosting a TT World Series event, should that come to fruition.
Laurence Skelly says there's still plenty of work to be done, though:Clip 1
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