Over the years there has been much speculation, myself included, on how much the TT costs and how much it makes. Well there are now some figures published:
http://www.iomtoday.co.im/news/Isle-of-M...4901970.jp
The Cost
The budget- 2008 budget £3,026,400
The actual exenditure 2008 = £3,722,900
That is 23% over budget.
The Income
Tens of £ MILLIONS
Quoted by Mr Quayle:
"We must take into account the economic benefit of the TT and MGP – tens of millions of pounds are brought in by motorsport events every year."
The bottom line
A massive profit for the Isle of Man

Let us hope that this puts to rest the lack of transparency that has existed on this subject in the past. Although the newspapers as usual prefer to dwell on the negatives, like the budget overrun, the positive is that the TT is a huge earner for the IOM which they get for the bargain price of under £4 million.
Please correct me if I have read this article wrongly. It is also most confusing that the cost of bus fuel is included an article headlined on the TT and MGP?