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.
Overnight sailings cancelled due to adverse weather
7:45pm Manxman crossing and its return have been called off
Rapist who 'terrorised' his victim told his sentence was 'entirely justified'
Fayle jailed for 18 years and 9 months
Complaints process for health system changed
Patients told to direct concerns to service used
Discovery of oiled birds 'makes a mockery of our biosphere status'
Manx Wild Bird Aid say it's a recurring problem in Peel