Madness may be touring this year (8)
I believe the answer is:
hysteria
'madness' is the definition.
(thesaurus)
'touring this year' is the wordplay.
'touring' indicates an anagram (touring can mean moving around).
'this'+'year'='thisyear'
'thisyear' is an anagram of 'HYSTERIA'.
'may be' is the link.
(Other definitions for hysteria that I've seen before include "Wild emotionalism" , "Problem of the uncontrolled" , "Overemotional state" , "display of wild emotion" , "Emotional and uncontrollable outburst" .)