"No word yet as to whether the threatened walking protest against the event will still take place or if protesters will instead focus their attention on marching against the disruption to travel for local residents and drivers caused by the adverse weather instead."
Brilliant! That's almost up there with "The Horse Was Unhurt".
There's going to be a lot of people with non-refundable hotel bookings for Saturday night and possibly travel tickets. I wonder how many will go anyway and still ride the area? The weather for tomorrow looks OK and it's not clear when on Sunday the storm will hit, but it would probably be early enough to endanger the marshals and damage the event infrastructure so it seems right that they've cancelled. No-one wants a flying feed station tent!
MJR, mostly pedalling 3-speed roadsters. KL+West Norfolk BUG incl social easy rides http://www.klwnbug.co.uk All the above is CC-By-SA and no other implied copyright license to Cycle magazine.
The demonstrations are cancelled. The weather gods have been thanked. The STOP Velo South campaigners welcome cycle events in their area but not a disruptive, closed-road, profiteering, ephemeral, psuedo-race.
Graham wrote:To start with WSCC could do with spending the Sustainable Transport Funds on . . . . . sustainable transport . . . it isn't too much to ask, eh!
Cunobelin wrote:According to the BBC news, the event is now cancelled due to the weather..... the organisers are I suspect laughing all the way to the bank
I wonder how many refunds there will be, or whether they will use the T&C to walk away with the money
"full refund of their event entry fees & car-parking fees" says the announcement linked earlier. How do you think they're going to profit from this?
MJR, mostly pedalling 3-speed roadsters. KL+West Norfolk BUG incl social easy rides http://www.klwnbug.co.uk All the above is CC-By-SA and no other implied copyright license to Cycle magazine.
Cunobelin wrote:According to the BBC news, the event is now cancelled due to the weather..... the organisers are I suspect laughing all the way to the bank
I wonder how many refunds there will be, or whether they will use the T&C to walk away with the money
"full refund of their event entry fees & car-parking fees" says the announcement linked earlier. How do you think they're going to profit from this?
If they are refunding, they will at least break even form insurance
Cunobelin wrote:According to the BBC news, the event is now cancelled due to the weather..... the organisers are I suspect laughing all the way to the bank
I wonder how many refunds there will be, or whether they will use the T&C to walk away with the money
this post reveals more about you than the organisers.
Cunobelin wrote:According to the BBC news, the event is now cancelled due to the weather..... the organisers are I suspect laughing all the way to the bank
I wonder how many refunds there will be, or whether they will use the T&C to walk away with the money
this post reveals more about you than the organisers.
Cunobelin wrote:According to the BBC news, the event is now cancelled due to the weather..... the organisers are I suspect laughing all the way to the bank
I wonder how many refunds there will be, or whether they will use the T&C to walk away with the money
"full refund of their event entry fees & car-parking fees" says the announcement linked earlier. How do you think they're going to profit from this?
If they are refunding, they will at least break even form insurance
surely a weather related cancellation falls under "act of god" in insurance terms, unless they paid an extra premium to cover which seems a fairly obvious high risk at this time of year, in which case they wont break even, plus theyd have spent money in applying for the closed road status, bought all the stuff for the feed stations, though presumably could return the non perishable items, and I assume event photographers were hired, there were medals etc etc.
frankly Id be amazed if it didnt near enough bankrupt them
mjr wrote:"full refund of their event entry fees & car-parking fees" says the announcement linked earlier. How do you think they're going to profit from this?
If they are refunding, they will at least break even form insurance
surely a weather related cancellation falls under "act of god" in insurance terms, unless they paid an extra premium to cover which seems a fairly obvious high risk at this time of year, in which case they wont break even, plus theyd have spent money in applying for the closed road status, bought all the stuff for the feed stations, though presumably could return the non perishable items, and I assume event photographers were hired, there were medals etc etc.
frankly Id be amazed if it didnt near enough bankrupt them
I'm pretty sure that insurance cover for such adverse weather would be available. A claim could probably only be made if the Met Office issued a 'Yellow Warning', not just a general forecast of heavy rain or high winds. With regard to the cost of such insurance, I don't know what the statistical probability of a Yellow Warning on a given day in late September is, but I suspect that the cost would only be a relatively small percentage of the entry fee (maybe 5%-10% at most).
It wouldn't make sense for an events company to insure against cancellation due to weather. They are better off absorbing the losses themselves. Cancellation due to weather is a reasonably routine occurrence so plan a 5% budget surplus to cover the occasional loss, rather than pay 10% to an insurance company to cover that loss plus the insurance company profit.
