Devon County Council is in advanced talks with the organisers of the Tour of Britain to hold another stage of the event next year. The council's four year contract with Sweetspot ends after the Devon stage on September 15.
But ITV West Country News understands that an agreement is expected soon to bring the country's premier cycle race back to the county next year.
It costs taxpayers a hundred and seventy five thousand pounds to hold the day's racing but research shows that the economic return for local businesses is more than £3.5m.
More top news
Maybe misty starts. Sunny spells but the cloud will turn them hazy. A cool breeze picking up
Picturesque views of the Monument in Somerset are opened up after being hidden for decades behind a forage of trees.
The cull of badgers in Somerset, Dorset and Gloucestershire is expected to end in the next few days - but what's been the impact?