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2019 World Road Cycling Championships (Contingent Liability)

Volume 614: debated on Wednesday 14 September 2016

I wish to inform the House that on 14 September 2016, the Department for Culture, Media and Sport laid a minute recording the Government’s commitment to underwrite the 2019 world road cycling championships to be staged in Yorkshire. The departmental minute will be deposited in the Libraries of both Houses.

As set out in the minute, I am pleased to inform the House that a formal bid to host the world championships was submitted to the international cycling federation by the deadline of 16 August 2016, through collaboration between Welcome to Yorkshire, UK Sport, Government and British Cycling. The Government will provide £9 million to support the delivery of the championships and an underwrite for the event. If the bid is successful, the Government will, in addition, provide £15 million towards developing cycling facilities in England, including closed road circuits, as a lasting legacy for the event. The Government underwrite, therefore, creates a contingent liability for the Department in relation to the championships in 2019.

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