 The Isle of Man Government offered a prize of £10,000 for the first entrant to exceed the prestigious (22 minutes and 38.388 seconds) average speed around the Mountain Course.This was achieved by Michael Rutter of team MotoCzysz in the 2012 race, and has been exceeded every year since.1924 was the first time the Ultra-Lightweight TT race took place for motorcycles not exceeding 175 cc engine capacity.