Gianni Epifani won Sunday’s Individual Time Trial around the TT course.
The Island runner completed a lap of the TT Mountain Course on a bicycle in one hour, 41 minutes and nine seconds.
A prize of £3,000 had been on offer if Chris Boardman's record of one hour, 23 minutes and 54 seconds was beaten.
Chris Crellin was second in a time of 1:54:05, followed by Kelvin Potter 1:54:58.
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Celts with chance to wrap up Manx Shield title this weekend
Football: Peel with chance to close in on premier league leaders
Promotion race hotting up in Division 2 heading into weekend
Conor Cummins makes late entry to Bob Smith Spring Cup
Manx rider to take on Supersport class at Oliver's Mount this weekend
Hockey: IoM Under-14 Boys ready for EH Championships final
Manx side face Guildford in Nottingham this weekend