Multiple Isle of Man TT newcomers were forced t♉o back out of this year’s event due to financial wo🌠rries.

The legendary motorsp🌠ort event is alsﷺo battling against rising costs.

Richard 'Milky' Quayle, the Rider Liaison Officer a🔯t the Isle 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 told .

“Ninety percent of the field are dღoing it out of thei🐷r own money.

“This year, especially, I have notic✃ed the finꦐancial strain on riders and teams.

“Every year I have half a dozen๊ newcomers. Thi༒s year, I have lost three because they couldn’t get their finances together to come here.

“The price of everythi💜ng has gone through the roof.

“Your shopping bill has doubled and it�🎀�’s the same for buying 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 c🐲ost to put the event on goes up every year. It is♔ hard.”

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

Not every event is as fortunate.

“We are lucky wit൩h the🎐 TT because it’s the ultimate race, the best race in the world,” he said.

“Your whole season revolves around the TT. “You’ve got to make sure you’ve got the bud🍷get to do it.

“M♋ake sure you’ve got enough cash in the bank to buy your chains, brake pads, clu🙈tches…

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

The 2024 Isl💜e of Man TT runs from May 27 to June 8.