Effective 2024
Introduction
The following outlines the prize money policy for the Fish River Canoe Marathon, a canoeing event organized by the Fish River Canoe Marathon Committee. The policy is designed to reward the top-performing male and female participants. The total prize money structure for the event is R25 000 to be distributed as follows::
Male Participants:
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- 1st Place: R6 000
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- 2nd Place: R4 000
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- 3rd Place: R2 500
Female Participants:
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- 1st Place: R6 000
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- 2nd Place: R4 000
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- 3rd Place: R2 500
Please note that the base prize money structure mentioned above applies to both K1 (individual) and K2 (team) categories. Regardless of whether it is a K1 or K2 year, the specified amounts for first, second, and third place for both male and female participants will remain the same.
Adjustments to Prize Money
a. Decline in Participant Numbers: The base prize money structure reflects the current participant numbers and aims to ensure reasonable rewards for the top three performers in both male and female categories. If there is a decline in participant numbers compared to previous years, the prize money will remain at the base level mentioned above.
b. Event Entry Increase or Cash Sponsorship: If the Fish River Canoe Marathon experiences an increase in entries or secures a cash sponsor for the prizes, the prize money can be adjusted accordingly. Additional funds will allow for increased prize money for all top-performing participants in both male and female categories.
Please note that the base prize money structure mentioned above applies to both K1 (individual) and K2 (team) categories. Regardless of whether it is a K1 or K2 year, the specified amounts for first, second, and third place for both male and female participants will remain the same. Adjustments to prize money, if applicable, will be applied uniformly to all categories.
Communication and Transparency
Any adjustments made to the prize money structure will be communicated to the participants through the official Fish River Canoe Marathon website, registration materials, and pre-event communication. Transparency regarding the prize money policy and any changes will be a priority.
Review and Reassessment
The prize money policy will be reviewed periodically by the Fish River Canoe Marathon Committee to ensure its effectiveness and alignment with the event’s goals. Adjustments to the policy will be made as necessary to maintain fairness and reflect the changing dynamics of participant numbers or available resources.
By implementing this prize money policy, the Fish River Canoe Marathon aims to motivate and reward the top-performing participants in both male and female categories while considering the event’s participant numbers and potential sponsorship opportunities.