COMMERCIAL SUCCESS FOR CLASSIC TT

Research by the Isle of Man Government Treasury Economic Affairs Division shows that its revamped 2013 Festival of Motorcycling in late August — headlined by the new Classic TT and incorporating the Manx Grand Prix races and a pair of two-day trials events plus the VMCC Festival of Jurby — proved a resounding success.

Classic TT - very much a success

A comparative study set against a previous survey based on the same format, carried out at the 2009 Manx Grand Prix, highlighted a 50 per cent increase in visitors to 13,407 over the intervening four years. Ferry passengers were up by 37 per cent and the number of people flying in through Ronaldsway Airport for the festival grew by 172 per cent.

The report says visitors spent £8.4m during the 2013 festival, up from £4.9m in 2009, and this yielded more than £1m in tax revenue for the Isle of Man Government.

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