fartleker wrote:
kny wrote:
There won't be any races left if promoters are exposed like that. Margins are thin. If the potential profit is single digit % of registration fees and potential loss is 100% of registration fees, you will have no one putting on races. As it is, feel free to pick and choose your races amongst those that offer full refunds. Pickings will be slim.
I don't expect any kind of a refund if I choose not to race, be it from injury, burn out, or my chinchilla being eaten by my girlfriend's cat. A canceled event is something different, to me.
There was actually another tri that was canceled here in May. It was held on a military base. And after Boston, the base freaked out and wanted full social security numbers, driver's license numbers, addresses, and more for 500 participants and and of the spectators. The race organizers canceled in on Tuesday or Wednesday (the event was Sunday) and gave full refunds, turned it into a donation, or gift cards to a local sporting good store.
That, to me, is a better business move.
I'll tell you what. I'm putting on SavageMan in two weeks. Perhaps I don't charge enough or I am not getting enough external money or free services via sponsorships as I need to be. But, if I were to look at the event bank account, subtract out accounts payable, and look at what would be left to refund the ~1000 registered athletes, I don't think we would seen 10 cents on the registration dollar to refund. So, to issue a full refund out of pure goodwill would be dipping into my personal monies, which I would be hesitant to do. Now, maybe if I ran a lot more events and could rob from Peter to pay Paul, then it could be done, but I struggle to see it as good business. Athletes want registration fees as low as possible, too, now remember, hence the thin margins from those of us who are not WTC.