Motorsport Ireland's getting a cash dig out as a result of the Covid crisis.
The body will receive €465,000 as part of the Sport Ireland COVID-19 Supplementary Scheme.
€210,000 is being allocated under scheme 2 for National Governing Body (NGB) support and the remaining €255,000 to support our affiliated Clubs directly under scheme 3.
Almost €6m is being divided amongts 32 NGBs.
Motorsport Ireland will receive €465,000 as part of the @sportireland COVID-19 Supplementary Scheme, with €210,000 allocated under scheme 2 for NGB support and the remaining €255,000 to support our affiliated Clubs directly under scheme 3.
— Motorsport Ireland (@MotorsportIRL) December 21, 2020
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John Naylor, President of Motorsport Ireland said the support funding would enable the body to recover revenue losses experienced due to lack of competition, while also helping to support significant insurance costs.
It is anticipated that scheme 3 club support funding will be made available to affiliated clubs during the first quarter of 2021.
