Hopes event will return in 2022
This year's Douglas Soap Box Race, which was due to take place next month, has been called off.
Despite an intensive search an insurer for this year's event cannot be found.
However sponsors MicroGaming are still donating £1,000 to the event's chosen cause The Fire Fighters Charity.
It's hoped the event, which runs from Athol Street down Church Street and Barrack Street, can be staged in 2022.
Alex Allinson reflects on dismissal and defends minimum wage stance
Yellow warning in place for coastal overtopping
"There are lots of taboos around dying", says death café organiser
Meet the students developing an anti-spiking straw