[UPDATE, February 10, 2023: Following an emergency meeting between the Ulster Centre of the Motorcycle Union of Ireland and insurance providers on February 9, 2023, MCUI (UC) has canceled the Ulster Grand Prix, Cookstown 100, Tandragee 100, Armoy Race of Legends, and Sunflower trophy at Bishopscourt.
Despite insurance rates tripling since last year, the North West 200 organizers will still pursue every option to keep the event on the 2023 calendar. Public liability insurance covers injuries and property damage at road racing events. With fatal crashes plaguing the 2022 Isle of Man TT and the general instability of the insurance market, providers aren't taking the risks of road racing lightly.
