Two spectators take cover from the rain at the Dundrod circuit

This year's Ulster Grand Prix has been cancelled after heavy rain prevented racing from taking place at the Dundrod circuit on Saturday.

A final decision was made to call off the meeting at 1400 BST and attempts to hold the event on Sunday failed.

"Financially it's a disaster for us - whether we (Dundrod Club) can bounce from this remains to be seen," said Clerk of the Course Noel Johnston.

Two UGP races in 2007 were cancelled after heavy rainfall.