Causeway Coast and Glens Borough Council have committed to contributing and extra £96,000 to the North West 200 in 2023 - taking their finaincial support to £275,000.
Coleraine and District Motor Club, organisers of the North West 200, warned the council earlier this year that the event was 'at a crossroads' and had grown beyond its control.
North West race chief Mervyn Whyte, 72, had said there was a “huge question mark” over the race, which went ahead in May for the first time since 2019 after the 2020 and 2021 events were shelved due to the Covid-19 pandemic.