The Department for Enterprise says it underwrote tourist events to the tune of a quarter of a million pounds this year.
A Freedom of Information request asked how much cash had been spent on underwriting losses in the last 12 months.
In its response, the department said it had committed £250,375 to underwriting events under its Tourist Development Scheme.
It refused to give individual figures for events, but added they included TT and MGP events - as well as the Manx National Rally.
Cider microbrewery planned for Ballasalla
Covid wrongful arrest and torture claims thrown out by court
Tree fellers to close part of TT course on Thursday
Manx Utilities wants contractors for HQ refurb
Business needed for Peel coffee shop's 'new chapter'
Regulator freezes gas prices
Billionaire says Island's his favourite place on earth
Planners aren't influenced by advertising, says Cannan