August 30, 2014
RENO, Nev. (AP) - Nevada's state tourism commission has agreed
to a $600,000 sponsorship of the National Championship Air Races to make sure the 49th annual competition goes forward in Reno in
Commissioners voted unanimously Thursday in support of the money
that air race organizers said they needed to make a final insurance
payment. The insurance premium jumped from $300,000 to $2 million
after last year's tragic crash killed 11 and injured more than 70.
Lt. Gov. Brian Krolicki, who chairs the tourism commission, says
they will negotiate details of the sponsorship in the coming weeks.
Krolicki says the air races are important not only to northern
Nevada but the entire state. He says they create a significant
economic impact and generate worldwide exposure of the region.
Copyright 2014 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.