Next year's Manx Grand Prix will undergo a re-branding and become the Isle of Man Motorcycle Festival to give it a more Goodwood feel.

The festival's schedule will feature the newly developed Classic TT Races, the Manx Grand Prix Races, the Vintage Motor Cycle Club Rally and Festival of Jurby and the Classic and Two-Day Trials.

In addition, the fortnight's motorcycling celebrations will include period events, exhibitions of exotic classic racing motorcycles, chat shows and autograph sessions with legendary riders, parade laps, air displays and family entertainment.

“The new event has been developed to capitalise on the Isle of Man's position in the international motorcycling community. We are confident that we have created a schedule and identity that will appeal to race fans, the media and potential commercial partners as we look to develop new revenue streams for the event as well as attracting potential visitors to the Isle of Man," said minister Geoff Corkish.