The organisers of the North West 200 are reviewing a new insurance quote for this year's event as uncertainty continues to hang over motorcycle races this year.
It remains unclear whether May's international road race will go ahead as planned after the Motorcycle Union of Ireland Ulster Centre indicated in February that all their events for 2023 had been cancelled.
The sport's governing body released a statement at the time stating soaring insurance charges had led to the decision.
Read more: North West 200 organisers 'not giving up the fight' to host 2023 event
It has now emerged the Motor Cycle Union of Ireland (Ulster Centre) has been provided with a reduced insurance quote for road racing and short circuit events this year, which clubs are now reviewing.
Organisers of the North West 200, the Coleraine and District Motor Club, issued a statement on Thursday stressing the need for a quick decision to be made.
The club said: "The MCUI UC has received a new insurance quotation for its 2023 events which the Coleraine and District Motor Club and the other organising clubs are now considering.
"We are very conscious that time is now short with regard to the organisation of this years fonaCAB and Nicholl Oils North West 200.
"With less than eight weeks until race week, there is a pressing need for a final decision to be made as soon as possible for everyone involved in the event."
This year's race week is scheduled for May 7-13.
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