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.
Repairs on Peel Power Station to get underway
Manx Care doctor survey to be discussed by Tynwald
Weather warning for snow tonight
MHK queries safety at primary school in Ballabeg
Gales put two ferry sailings at risk tonight
Should the Island throw a birthday party for Barry Gibb?
Warning issued over icy roads
High ground could see 4 inches of snow on Saturday night