Multiple Isle of Ma🎃n TT newcomers were forced to back out of this year’s event due to financial worries.

The🌺 legendary motorsport event is also battling against rising costs.

Richard 'Milky' Quayle, the Rider Liaison Officer at the Islไe of Man TT, has explained how some 🍬riders have been forced to postpone their dream.

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

“Ninety percent of the field are doing it out of t♛heir o𒁏wn money.

“This💎 year, especially, I have noticed🌌 the financial strain on riders and teams.

“Every year I 🔴have half a dozen newcomers. This year, I have lost three because they couldn🦄’t get their finances together to come here.

𝓡“The price of everღything has gone through the roof.

“Your shopping bill has doubled and it’s the same for buyin♕g tyres, fuel, parts for your 💎bike. It is really expensive.

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

Quayle explained that the TT is fortunate to have its iconic statu♉s, meaning riders will prioritise being able to afford their e🙈ntry.

Not every event is as fortunate.

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

“Your whole season revolves around t⛄he TT. “You’ve got to make sure you’ve got the budget to do it.

“Make sure you’ve got enough cas🎉h in the bank to buy your chains, brake pads, clutches…

“I instil into newcomers ‘make sure you’ve got everything in place to do this, don’t go down Bray Hi꧑ll on second-hand tyres!’”

The 2024 Isle of Man TT runs from May 27 to Ju💞ne 8.