Published: 28th Nov 2018

North Yorkshire County Council is being asked to commit to the Tour de Yorkshire cycle race until 2020, after an independent study claimed it boosts the local economy by £98m. The county council’s executive is set to decide on future funding arrangements for the sporting event at a meeting next week (4 December). Councillors will be recommended to authorise funding of £190,000 to support next year’s event and a further £190,000 for 2020’s event to cover the hosting fee and event costs. An independent study estimated that this year’s race boosted the Yorkshire economy by £98m. A record 2.6 million spectators lined the route over the four days of racing and overall spending was up 54%. The county council, with its partners, plays an important role in funding, planning and delivering the event, working with organisers Welcome to Yorkshire and Amaury Sports Organisation. The local authority’s role includes managing the roads, … (To read the full article, subscribe below)