The Department for Enterprise says it's licensed to run the TT for the next 10 years.
A Freedom of Information request to the department asked for details of the contract with the Auto Cycle Union.
In its response, the department said the ACU holds the rights to TT, while it has a licence to run the races until 2033.
The DfE says the contract is worth £1.65 million this year, ACU subsidiary ACU Events paid £371,000 for marshalling services, medical services and course set-up costs.
Road in Union Mills closed this morning
A road in Union Mills has been closed this morning.
Make sure we can see you in the dark, says bus service
Isle of Man Transport is asking passengers to make sure drivers can see them during the darker nights of winter.
Chief Minister says details on cost-savings to come in April
The Island's chief minister says he'll give more details about potential money-saving in government next April.
DoI says it would protect bus services during strike
The Department of Infrastructure will try to protect services in the event of a bus strike, according to minister Michelle Haywood.
Peel bids farewell to lifeboat of over 30 years
Peel's bid a fond farewell to a lifeboat which served the town for nearly three decades.
Fire & Rescue Service deals with 11 incidents in one day
The Island's Fire and Rescue service dealt with a total of 11 incidents across the Island yesterday, Tuesday, December 16.
Avoid Fairy Bridge after crash, say police
Police say you should consider taking a different route home after a crash on the New Castletown Road.
Man can sue DHSC over respite care PTSD allegations
A man with cerebral palsy can sue the Department of Health and Social Care over claims ill-treatment in care gave him PTSD.
