KPMG Isle of Man’s managing director has given his backing to a shorter Manx Grand Prix.
David McGarry says shortening the MGP will mean more business for the Island with more people taking short breaks to see the racing.
In a statement, he also says the £350,000 a year needed to fund the event can’t be met from public funds any more – and fewer road closures will also be welcome.
Mr McGarry says everyone should engage with the Department of Economic Development to finalise the revised arrangements.
Treasury minister 'hopes' businesses will pass on VAT reductions to customers
TT 'massive' for hospitality industry
Hopes summer VAT cuts will ease cost of living pressures for families and businesses
'The TT is our crown jewel' says caterer
