The pro race is at the "Olympic Rev" distance of .9/32mi/6.5mi. Lance will be racing the "Half Full" distance which is .9/56/13.1. The races are on the same day as far as I know.
The collegiate race doesn't need to be USAT sanctioned per the MACTC rules (just read up on them this morning as I discussed this with BDoughtie), although I wonder if USAT has any rules about pros racing non USAT-sanctioned events in the same way that USAC does?
Not sure if anyone has posted the withdrawal policy, but Pick6...here you are:
If you wish to withdraw from the REVOLUTION3 Triathlon Event, you may receive a credit for the following years REVOLUTION3 Triathlon Event. The event transfer is valid for the next year’s event ONLY. You must notify us in writing via e-mail to info@rev3tri.com or you may call (703) 745-3142 if you intend to withdrawl and meet one of the following scenarios.
If for any reason, you notify ATP Productions (ATP) more than 60 days prior to the start of an event weekend of your withdraw you will receive a 100% credit towards the following years event. This credit only covers the race entry fee. Processing fees and online registration fees will not be included with your credit
If you have a MEDICAL Reason, you will need to provide a signed doctors letter advising us that you are not able to compete. This letter must be received by ATP Productions 30 days prior to the event weekend in order for you to receive your race event credit. This credit only covers the race entry fee. Processing fees and online registration fees will not be included in your credit.
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