Race is on for Speed on Tweed

Tweed Daily News - - NEWS - Bob An­thony

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.

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