The local Longford community and motorsport enthusiasts will be able to enjoy The Long Weekend with a Longford Motorsport Showcase set to take place from March 10-13.
The Tasmanian Liberal Government has announced its support with a $150,000 funding investment made possible through Events Tasmania.
Premier Jeremy Rockliff said supporting the event was a fantastic opportunity to fill the now-vacant long weekend in March.
"Following the unfortunate cancelation of the GPX event in recent weeks, I'm pleased that our Government is able to support the organisers of a new motorsport showcase in Longford," Premier Rockliff said.
"The enthusiasm shown in ensuring the motorsport and Northern Midlands communities don't miss out on sharing their motorsport history has been great, and I'm sure the event will be a success.
"The Long Weekend in Longford will include historic cars and motorcycles from several significant collectors in Tasmania, including some of the racing cars from the original Longford motorsport days."
The event will be led by Tasmanian motorsport icons Justin Brown, Robert Knott, John Talbot and Neil Kearney.
The Long Weekend in Longford has confirmed that all tickets sold to the GPX will be honoured at their new event.
