By VeloNews Interactive
Solano Bicycle Classic president Scott Reynolds announced Tuesday that the 2004 edition of the race has been canceled.
“Although we were encouraged by the support we had seen in the last several weeks, we have simply run out of time to plan for races early next April,” Reynolds said, following a meeting of the SBC board at his office. “The seven board members in attendance tonight were unanimous that the finances in particular were too uncertain at this point to move forward as we had planned.”
Reynolds estimated that SBC was short about $35,000 in confirmed sponsorships out of a required budget of $185,000.
Reynolds hastened to add, however, that “the Classic is not dead.”
The board may turn its attention to organizing a multi-race amateur bicycle classic next summer, using some of the popular SBC courses, such as the Rancho Solano circuit and the downtown criterium.
Reynolds added that if SBC can put on a successful amateur event in 2004, it may be possible to consider a professional event again in 2005.
“We’ll have to see what develops,” he said. “An amateur event may be a really good way to keep our organization together and for some of our new volunteers to get started, without all the pressure and cost of the pro event.”