A group of local running enthusiasts says it has raised more than $4 million to host an annual marathon in Indianapolis beginning next October.
Organizers of the Indy Classic Marathon have set a goal of 40,000 participants. By comparison, the OneAmerica 500 Festival Mini-Marathon has capped its field at 35,000.
"Our financial backing includes local and out-of-state investors," said Jeanne Johnson, event spokesman and one of several organizers. "We have the money to run the race. We're really excited about it."
Registration for the 26.2-mile race is scheduled to begin Jan. 15.
The exact date and route of the Indy Classic Marathon still needs to be approved by city officials, said DeAnn Milliken, special events coordinator in the city controller's office.
Johnson said the route will be submitted after it is certified by a national running organization. Plans call for the race to start Downtown and to encompass the south, west and north sides of the city.
"We want people to be able to see the beauty of the Downtown area and what Indianapolis has to offer," she said.
Organizers have been planning the marathon for nearly two years and have worked with a marketing firm to determine interest.
Joel Sauer, an organizer of the Indianapolis Marathon in Lawrence, said he is unsure if the new race would siphon runners from his event. In its 11th year, the Indianapolis Marathon was held Oct. 21 and attracted 800 runners. Another 2,000 participated in half-marathon and 5K races. Sauer's goal is to reach 4,000 entries.
Brandi Davis-Handy, spokesperson for the 500 Festival, said another marathon would not adversely affect the Mini- Marathon.
"If anything, it could have a positive impact on the community. It shows there is a huge racing community here," she said.
Tom Hathaway, a local runner who has completed 111 marathons, expressed a preference for a November date due to several other Midwest marathons in October.