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.
Commissioner hits out at "nuisance" campervans
Are camper vans becoming a problem in Onchan?
Livestock worrying consultation ends this week
There are just days left to air your views about dog attacks on farm animals.
Warning over possible ferry disruption tonight
Two ferry sailings are at risk of disruption tonight.
Department told to provide new FOI response to Visit Isle of Man query
The Department for Enterprise will have to give a new answer to a Freedom of Information request after an appeal to the Island's information commissioner.
700 sign petition to keep Castletown street sweeper
A petition to give a street sweeper a permanent job in Castletown has hit more than 700 signatures in just three weeks.
Mystery after oily birds found in Peel
An Island charity says it hopes this will be the year authorities find the source of oil contaminating birds in the west of the Island.
Laxey move announced for well-known jewellers
A landmark business in Douglas says it's moving out of the capital after more than three decades.
Island boxer to donate fight proceeds to homeless children
The Island's most famous professional boxer has announced a warm-up fight against a former world title challenger later this month.
