Prize money in alpine skiing is set to reach new heights in the upcoming World Cup season as the winners of the classic downhill and slalom in Kitzbuehel in January will both receive 100,000 Euros ($111,447), a record for a single race.
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The organizers of the traditional Hahnenkamm races announced that they have raised their total prize fund from last season 25 percent to 725,000 Euros ($807,991) to mark the 80th anniversary of the event, according to the FIS.
“We don’t want to invest the budget for the 80th Hahnenkamm races into a jubilee party, but the local ski club prefers to set an example for the athletes,” said chief organizer Michael Huber.
The prize money is almost twice as high after the recent increases at comparable World Cup events on the alpine World Cup. The winners will not be the only ones benefiting as the second and third-place finishers will receive 50,000 ($55,724) and 25,000 Euros ($27,862), respectively. For the super-G race, the prize money will be 68,500 ($76,341), 34,250 ($38,171), and 17,100 ($19,057) Euros for the podium finishers.
In addition, 20,000 euros ($22,289) will be distributed at the International Junior Race for the promotion of the team.