Castletown Commissioners have agreed the proposed introduction of permanent speed bumps in the town cannot go ahead.
It follows concerns future rally events would have to be cancelled, causing a significant financial loss.
Other measures previously suggested have been discounted because of its impact on motorsport.
Colin Leather, who sits on the board, says the rally is of great value to the region:
New laws for young workers come into force today
Manx Care extends mental health service to more surgeries
Bus Vannin confirms normal services to run over Easter
Steam Packet's new Northern Irish route launches today
Creamery reassures milk buyers over price rise
April fool - did you get caught this morning?!
Tea room shuts its doors for good
Milk up more than 5p a pint from today