The Circuit of Ireland has lost its place on next year's European Rally Championship schedule after funding issues hit the Armagh-based event.
The news came at Thursday night's Intercontinental Rally Challenge awards evening in Paris, when Eurosport Events motorsport director Francois Ribeiro announced that the Canarias Rally would be replacing the Circuit as round three of the ERC on the last weekend of March 2013.
The Circuit of Ireland had become a popular addition to this year's IRC and was expected to make the transition to its ERC successor.
Event director Bobby Willis said: "This is very recent news. Unfortunately we've lost some of the funding which we had for the event and we simply can't make it happen now. It's bitterly disappointing for everybody involved in the event and the championship.
"I would like to pay tribute to Eurosport for the lengths they have gone to try and include us for 2013, but it's sadly not possible."
The Canarias organizers have confirmed they will pay 50 percent of the logistical costs for teams making the trip to the Spanish island.
AUTOSPORT magazine reports this week that F1 veteran Robert Kubica is expected to run the full season of the European Rally Championship in a Ford Fiesta prepared by M Sport, as he continues his recovery from his rally accident of last year.