BY DAKOTA TAIT
The Air Race World Championship won't make it to Lake Macquarie later this year, after organisers cancelled it and a pair of rounds in Malaysia and Indonesia.
The cancellation's being put down to the COVID-19 pandemic and concerns around the global economy.
The State Government announced earlier this year it would invest $2.5 million into the project, with an $8 million return expected in economic benefits to the region.
There's hope the event could be revived in 2023 or 2024, as well as the possibility of finding a new event to fill the slated November weekend this year.