Pale Rider
Legendary Member
One of the articles I read seemed to imply numbers had been dropping off.
It mention 12,000 to break even, so if that was the case it would appear it wasnt sustainable.
That's a gross income of about £500,000 which ought to be enough to put on a one day cycling event, although no doubt the costs add up.
Not strictly comparable, but my mate Colin used to charge about £30 for his Durham rides which were marshalled on partially closed roads.
He was getting about 400 entries for each ride.
They never made any money, and he chucked it in when the local authority withdrew support - marshals/vehicles etc provided free of charge by their leisure services department.