Unless £20,000 can be raised before the end of March, the Lincoln Grand Prix will be cancelled.
Organisers of the historic race, which stretches back to 1956, have been plunged into a financial black hole after their previous title sponsor, Chestnut Homes, decided it could no longer provide funding for the race.
The cost of running both the men’s and women’s races is £45,000, but currently organisers have only secured around £25,000. That money is derived from other sponsors, the associated sportive and the local authority.
A police bill of £10,000 needs to be paid in the next 10 weeks, and if no new sponsors come on board then the race that has been won four times by Russ Downing and Paul Curran will be absent from the domestic calendar…