cost of staging a tour?

[Roninho]

Hi,
I'm doing a project for school and am looking for details and info concerning the costs to stage a multi-day professional cycling event. Not tour de France level, but a multi day event including (some) pro tour teams.

I'm looking for a detail split up to the different costs (tv production, insurance, support from police, hotelcosts, purses/team fees, etc. etc.). Any help will be very much appreciated!

cheers

 

[Anonymous]

Hi. Pez did a non-financial article about what's involved in putting on a race.
http://www.pezcyclingnews.com/?pg=fullstory&id=7865&status=True&catname=Latest News

Your best bet at finding budget info and the detail you want would probably be the Tour of Missouri, as the State had to kick in money and it needs to be accounted for. This page has some info on visitors and economic impact, etc. The Tour of California might have good info, and since the Tour of Georgia hasn't been able to fund for two years straight, you can probably see financials on that as well. Good luck.

http://www.tourofmissouri.com/

http://www.steephill.tv/tour-of-missouri/

 

[rgmerk]

Hi,
I'm doing a project for school and am looking for details and info concerning the costs to stage a multi-day professional cycling event. Not tour de France level, but a multi day event including (some) pro tour teams.

I'm looking for a detail split up to the different costs (tv production, insurance, support from police, hotelcosts, purses/team fees, etc. etc.). Any help will be very much appreciated!

cheers

I don't know what level of detail you want to go into for this, but not all of those costs are going to be paid by the organizers.

For instance, the organizers will probably just sell the TV rights (though probably not for a huge amount of money) and the TV production costs and profits are then an issue for the organization with the rights.

 

[Velo Dude]

Much more than the cost of touring a stage.

 

[Roninho]

I don't know what level of detail you want to go into for this, but not all of those costs are going to be paid by the organizers.

For instance, the organizers will probably just sell the TV rights (though probably not for a huge amount of money) and the TV production costs and profits are then an issue for the organization with the rights.

But how many events actually have the tv-networks willing to pay for the production? Apart from the really big events not that many it seems to me.

But anybody out there who could give me a ballpark figure for the most important aspecst?

Any help would be very much appreciated!

 

[Big_Blue_Dave]

Dependent on size of field, distance of tour, number of stages, quality of field and a whole host of other factors, you are looking at a minimum of $480k working on a £1 = $1.60 so £300k (thats including your pro teams) and a maximum of $1.6m (that could include appearance fees and prize money, a long stage transfer etc.) It really depends on all the different factors and can be done cheaper if factors allow.

This is usually paid for by sponsors, hospitality, and in some cases start/finish towns paying for the privilege (yes, this happens outside of the Tour de France too.) Now if you want other Grand Tours the cost is considerably more again, and the Tour de France considerably more still.