EU ruling 'threatens motorsport in Ireland'
It has been one of the staples of the Irish sporting calendar for years, but Mondello Park may have to close if new EU rules come into force later this year, it has been claimed.
Fine Gael MEP Brian Hayes has warned that an EU ruling into how the motor insurance sector operates would effectively wipe out the motorsports industry across the country.
The claim stems from European Court of Justice decision known as the 'Vnuk judgment'.
The ruling mandates that all EU member states are required to make unlimited third party motor insurance compulsory for all vehicles wherever they are used in the EU, including on private property.
That stands in stark contrast to Irish insurance law, which requires cover only for driving on public roads and lands.
The Vnuk judgement was made in 2014 and will become law this October.
"The Vnuk judgment will potentially require compulsory motor insurance covers all private places, including private farmland, racetracks and private carparks.
"Many Irish racetrack representatives have said that this ruling will effectively shut down motorsport in Ireland," said Mr Hayes.
For the sport to survive in Ireland, the judgment must be amended, he said.