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+--- Thread: Cancelled races costs Manx economy £49 million (/showthread.php?tid=29311)
Cancelled races costs Manx economy £49 million - Malcolm - 12-06-2020
![[Image: SkellyTTCosts.jpg]](http://www.ttwebsite.com/gifs/2020/TT/SkellyTTCosts.jpg)
Plans underway for TT 2021
The cancelled TT and Festival of Motorcycling this year has cost the Manx economy £49 million.
Enterprise Minister Laurence Skelly provided the figure whilst confirming plans for next year's event are already underway.
A number of virtual events have been taking place during what would've been TT fortnight - today (12 June) would've been Senior Race Day.
Mr Skelly says the impact on the Island cannot be underestimated:
![[Image: listenhere.jpg]](http://www.ttwebsite.com/gifs/2018/general/listenhere.jpg)
Enterprise Minister Laurence Skelly provided the figure whilst confirming plans for next year's event are already underway.
A number of virtual events have been taking place during what would've been TT fortnight - today (12 June) would've been Senior Race Day.
Mr Skelly says the impact on the Island cannot be underestimated: