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    Failed TT World Series plans cost further £82,000

    Minister for Economic Development Laurence Skelly

    Failed plans for a TT World Series have ended up costing taxpayers an additional £82,000. 

    Originally the Department of Economic Development claimed it had splurged over £250,000 on research to see whether or not the idea was feasible. 
     
    However in Tynwald yesterday Minister Laurence Skelly - where it was revealed that the final figure was actually £332,000: 
     
     
    Mr Skelly conceded that it's as a result of cost overlap: 
     

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