so this is an idea i recently came up with for a competitive local road race
i propose a 5k race with a reasonable entry fee - say $15 and you get your money back if you hit certain time standards; i'm thinking 16 min open men, 17 min masters men, 19 min open women, 20 min masters women as a starting point
on top of this there would be prize money to top 5 overall m/f, top 3 masters m/f
i think this would attract good competition - cheap runners would love to get money back and anyone looking to break one of those times would have plenty of company plus people back from that would have lots of people in front of them and it would be just like any other 5k to them
has this been done before? does anyone else think it could work? are the times reasonable? any other suggestions?