Race is on for Speed on Tweed
ORGANISERS pushing for a return of the Festival of Speed on Tweed are in a race against the clock to secure funding for the event planned for September 2019.
The event, which featured historic sports and racing cars in a time trial format over a 1.2km course through Murwillumbah, was last held in 2010.
Committee chairman Tonny van’t Riet said there had been strong and positive support from businesses and the community for the event, but time was against them in terms of raising funds.
“To ensure that Speed goes ahead this year, we need to have funding in place by March 31 so that we can notify competitors, arrange ancillary social events with council and work towards staging a memorable event in midseptember,” Mr van’t Riet said.
“At this stage we are looking at around $200,000 minimum but have received initial pre-commitments from local businesses who would be prepared to provide some financial support.”
Michael Simmons, from the Murwillumbah Chamber of Commerce, said there had been pledges of about $60,000 so far should Speed go ahead.
“This would be a great event for the town and the entire Tweed and we would be looking to incorporate a number of events around the actual racing to make it a festival for everyone, not just for motoring fans,” Mr Simmons said.
A finance meeting is planned for next Tuesday, December 11 at The Haven bar in the Murwillumbah Hotel at 7pm (NSW) to discuss strategies to secure financial support and sponsorship.
Email ourspeedontweed [email protected] for details about the meeting.