Reno Air Races Appeals for Money to Save Event
The National Championship Air Races has launched a worldwide fundraising campaign to try to keep alive the 50-year-old event that’s been struggling with insurance costs since a deadly accident in Nevada two years ago.
Reno Air Racing Association president and CEO Mike Houghton says they need to raise $500,000 by Dec. 15 to keep their operating budget functioning for the first quarter of next year.
The premium is still more than $1 million.
An estimated 200,000 spectators turned out last year but Houghton says they suffered a significant budget shortfall for the third year in a row.
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