CVB fails to break even during Open Road Race

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During their Tuesday meeting, the Council heard a presentation from Crystal Lopez, CVB Director, regarding the 2017 Big Bend Open Road Race. 

After going over the itemized list of expenditures and income, Lopez told the council that the race cost, in total, $235,614.62. She then stated the revenue CVB had gained from the race was $23,3549.70, meaning that they lost a little over $2,000 hosting the event.

Lopez explained that one of the main reasons the event cost rose from last year was that the 2017 Open Road Race marked its twentieth anniversary.

Doug May, former Executive Director of the FS EDC, said usually, CVB prints out certificates for the finishers of the race; however, because this year was the twentieth anniversary, they purchased trophies for them. There were also many expenditures for their party in the park, where bands were hired and paid for their time.

Lopez said the race for the upcoming year will most likely cost less, as they will find places to cut funds and save money. They will continue with printing the certificates instead of buying trophies, and the party in the park will be scaled down. 

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