COLORADO, Springs, Colorado -- The Falken Tire Pikes Peak International Hill Climb, the second oldest motorsports event in the United States, today announced a $36,000 minimum purse ($24,000 for the vehicle divisions and $12,000 for the motorcycle divisions) for the 2005 race.
The purse is comprised of 50 percent of the entry fees for participants in the event plus an additional $20,000 that has been designated for the purse. Prize money for the 2004 event was $30,000.
“The fact that the Board Members of the Falken Tire Pikes Peak International Hill Climb unanimously voted to increase the purse to a minimum of $36,000 just adds more excitement to this year’s event,” stated Mike Cimino, President of the Board of Directors.
Cimino added, “The board is committed to enhancing the quality of this event by increasing funding for the prize money and the marketing of the event.”
The Falken Tire Pikes Peak International Hill Climb is a long-standing tradition in Colorado Springs and the second oldest motorsports event in the United States. An annual event since 1916, 2005 marks the 83rd running of the “Race to the Clouds”. The race is run on a 12-mile course that begins at 9,200 feet and finishes at the 14,110-foot summit of Pikes Peak. It features a variety of automotive, semi truck and motorcycle classes with an average of 150 competitors.
For further information on sponsorship opportunities with the Pikes Peak International Hill Climb, please contact Clark G. Curtis at (719) 382-7223 or Alan Schell at (720) 219-7200.
