Motorsport Australia and TARGA can confirm the remainder of TARGA Tasmania will be downgraded to a non-competitive tour event.

The decision follows the tragic passing of a competitor on Wednesday afternoon.

While cars will continue to drive on closed roads, drivers will now be limited the signposted speed limits for the remainder of the event.

Those who have entered into the competitive stages will be given the opportunity to join the Tour.

TARGA CEO Mark Perry said the decision to downgrade TARGA Tasmania was a difficult one, but necessary so the incident to be fully investigated and understood.

“It has been another tough day for all our TARGA community and we offer our sincere condolences to the family and friends so impacted by this tragedy. Their loss is immense and we feel their pain. This is a very sad time,” Perry said.

“The change to downgrade the event to touring only was a difficult one for all of us to make but one that was necessary in the current circumstances as we work through this difficult time.”

“So much has been done to make this sport safer since our event 12 months ago but we have still lost a member of the TARGA family, and we all need time to further reflect.”

Motorsport Australia Director of Motorsport Michael Smith said the governing body supported the decision.

“On behalf of everyone at Motorsport Australia, we offer our sympathies to those impacted by this tragedy,” Smith said.

“We are now working closely with the Tasmanian Police and emergency services, along with TARGA event organisers as the investigation into the incident begins.

“We will continue to offer our support to the entire TARGA community, including our officials and competitors.”

Motorsport Australia and TARGA will provide further information over the coming days.