Multiple Isle﷽ of Man TT newcomers were forced to back out 🌸of this year’s event due to financial worries.

The legendary motorsport event🌠 is also battling aga☂inst rising costs.

Richard 'Milky' Quayle, the Rider Liaison Officer 💞at the Isle of Man TT, has explained how some riders have been forced to post🐼pone their dream.

“You are not doing for♉ a living, you’re doing it for passion, hobby, love,” he told .

“Ninety percent of the field are doing it ou💟t of their own money.

“This year, especially, I have noticed the financial s𒊎train on riders and teams.

“Every year I have half a d෴ozen newcomers. This year, I have lost three 🉐because they couldn’t get their finances together to come here.

“The pꦕrice of everything has gone through the roof.

“Your shopping bill has doubled and iꦇt’s the same for buying tyres, fuel, parts for your bike. It is really expensive.

“Iജt is a strain for everybody, and for us to put the event on. The cost to put the event on goes up every year. It is hard.”

Quayle explained that the TT is fortunate to have its iconic status, meaܫning riders will prioritise being able to afford their entry.

Not every event is as fortunate.

“We are lucky with the TT because it’s♉ the ultimate race, the best race in the world,” he said.

“Your whole season revolves arou⛦nd the TT. “You’ve got t🅰o make sure you’ve got the budget to do it.

“Make sure you’ve got enough cash in the bank to buy your chains, braꦆke pads, clutches…

“I instil into newꦆcomers ‘make sure you’ve got everything in place to 🔯do this, don’t go down Bray Hill on second-hand tyres!’”

The 2024 Isle of Man TT runs from May 27 to J▨uꦜne 8.