Routes and prize-money to be announced
The official launch of Cyclefest presented by Isle of Man Bank takes place at Noa Bakehouse this evening.
The inaugural event will be held next May.
It will include a round of the Pearl Izumi Tour Series and many other races.
The routes will be revealed this evening as well as the amount of prize-money on offer.
Organisers are encouraged by the amount of entries already received ahead of full details being released - here's Paul Phillips:

Ravens run riot against AFC Liverpool
FC Isle of Man and AFC Liverpool to meet in vital hunt for points
Hockey: Cup finals double-header on the cards
Rugby: Douglas to host Sandbach in big top-of-the-table clash
Football: Prem title contenders Corinthians and Peel to meet