Davao raising P30M for biggest Ironman race in 2018

Mick Basa

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Davao raising P30M for biggest Ironman race in 2018
The race hopes to gather 2,700 contestants who will traverse from Davao City to Tagum City on their bikes, take a 21.1-kilometer run on Davao’s commercial district, and swim at a mixed-use property developed by Ayala Land Inc.

 

DAVAO CITY, Philippines – Davao City is raising a P30 million ($589,314.55*) trust fund for next year’s biggest Ironman 70.3 race which is hoped to gather more than 2,000 local and foreign athletes here.

“We hope to raise the fund with the help of the private sector,” city mayor Sara Z. Duterte told reporters on Wednesday, September 20.

Duterte said an executive order is underway to form an executive committee assigned to prepare the groundworks for Ironman 70.3, an event organized by Filipino athlete Wilfred Steven Uytengsu Jr’s Sunrise Events Inc.

Under the same order, the city government seeks the support of the private sector to raise the P30-million trust fund. Duterte said local government funds will be used to fill in the fund.

After Cebu, Davao will be the next host for the said tri-athlete race in March 2018. In the same year, the Philippines is celebrating its 10th anniversary of Ironman races in the country.

It hopes to gather 2,700 contestants who will traverse from Davao City to Tagum City on their bikes, take a 21.1-kilometer run on Davao’s commercial district, and swim at a mixed-use property developed by Ayala Land Inc (ALI).

Anicento Bisnar Jr, ALI chief operating officer, said the event is expected to draw in foreign tourists because it is “the holy grail of triathlons.”

The event will take place mainly at ALI’s joint venture real estate project with the Alcantara Family, the Azuela cove, whose sports facilities could accommodate at least 10,000 people.

The amount pegged to support the event is more than double the budget which the city allotted for its Kadayawan festival. But Duterte hopes that funding a major sports event could boost the local tourism industry.

“It’s a tried and tested event to bring people,” said Duterte. – Rappler.com

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