After an economic survey of the Manx Grand Prix revealed it gave a £5.9m boost to the Manx economy but made an overall loss to the government, organisers are facing the challenge of attracting more visitors to boost income from the event.
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Triple TT Race winner, and 2001 sidecar World Champion Klaus Klaffenbock, who announced his retirement from racing in September 2011, will be running his own race outfit at the 2012 Isle of Man TT Races called "Cofain Racing by Klaffi".
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It is amazing how time flies by and not long before the road race season gets under way. As you know every year we try to find a tombola prize which is unique and this year Clive Padgett has arranged something special. A John McGuinness Limited Edition Fireblade with the first owner in the log book being the man himself, all arranged by Clive.
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The Department of Economic Development has undertaken a detailed analysis of the costs directly associated with running the Manx Grand Prix Festival and the return on the investment that the event delivers.
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Ulster Grand Prix clerk of course Noel Johnston is promising fans a stellar line-up at the event in August, despite confirming the Honda TT Legends team will miss the event due to a race date clash.
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The news that world motorcycling superstar Carl Fogarty will make a special guest appearance at the North West 200 in May is another significant shot fired in the battle to win back hearts and minds.
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Honda Motor Europe has revealed a four-strong rider line-up for the Honda TT Legends team as it prepares for an all-important second year of competition in the FIM Endurance World Championship and at selected road racing events.
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It is being reported that Swan Yamaha's Ian Hutchinson has been taken to hospital with a suspected broken leg after an incident at the MCN Excel Motorcycle Show earlier today.
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Leading Isle of Man TT rider Dan Kneen is aiming high for 2012 and has switched to Suzuki power in all classes as he and the Marks Bloom Racing team launch an assault on the Isle of Man TT Races fuelled by Monster Energy, the other International road races and the Metzeler National 1000cc Superstock Championship.
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Honda TT Legends rider Keith Amor has announced his retirement from road racing after serious shoulder injuries sustained in 2011 have failed to heal.
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