The IRONMAN Group Launches IRONMAN VR – A New Global Racing Series – and The IRONMAN VR Pro Challenge

IRONMAN Virtual Racing Series and IRONMAN Virtual Club will allow athletes to train, compete and stay connected with the close-knit athlete community around the world

The IRONMAN Group, a Wanda Sports Group company (Nasdaq: WSG), announced that it will add the IRONMAN® Virtual Racing™ (VR™) Series to its portfolio, including the IRONMAN VR Pro Challenge that will debut on April 4 through the IRONMAN Now Page on Facebook Watch. The IRONMAN VR Series will be offered through the soon to be launched IRONMAN Virtual Club™, a web-based platform allowing athletes to train and compete from anywhere around the world at any time through the IRONMAN VR Series of weekly races and challenges.

“At the IRONMAN Group, our mission is to provide exceptional, life-changing race experiences for athletes of all levels from their first step to the finish line,” says Andrew Messick, President & CEO for The IRONMAN Group. “We believe that under extraordinary circumstances such as these, athletes should be able to maintain the structure and continuity that training and competition provides. The IRONMAN Virtual Club is an innovative digital platform that enables our athletes to continue training with purpose, remain connected to our community and provides an opportunity to compete through the IRONMAN VR Series.”

Athletes will compete in the traditional age-group categories and for select virtual races, will have the opportunity to earn qualifying slots to the 2020 IRONMAN®70.3® World Championship in Taupo, New Zealand scheduled to take place on November 28 and 29, 2020. Virtual races will begin on Fridays at 6 p.m. GMT and close Sundays at midnight GMT with the first competitive race, IRONMAN VR1, debuting on April 3. The format and distances may vary each race weekend. In order to be eligible for world championship slots, athletes will need to compete with devices providing GPS and heart rate data which will be uploaded to the IRONMAN Virtual Club platform. The IRONMAN Virtual Club platform will be compatible with most wearable technology and app trackers. Upon completion of a race, athletes will receive a finisher package including the collectible IRONMAN VR medal and finisher tees for that race. The IRONMAN Virtual Club will additionally provide an activity-based loyalty point system designed to motivate athletes as they train and reward them through merchandise, discounts and “money can’t buy” benefits.

During each weekend of competition, there will also be a Men’s and Women’s IRONMAN VR Pro Challenge. Two professional female athletes will compete on Saturday and two professional male athletes will compete on Sunday for prize money. Anyone around the world will be able to tune-in to the head-to-head battles through the IRONMAN Now Page on Facebook Watch. The coverage will also follow the competing age-group athletes through User-Generated Content shared on the interactive platform, allowing athletes to see how they match up against fellow competitors through live look-ins and leaderboard updates. Additionally, every Monday at 6 p.m. following the race weekend, the IRONMAN VR Rolldown Show will provide the best action from the weekend and an interactive live awarding of the 2020 IRONMAN 70.3 World Championship qualifying slots. During the live coverage, the IRONMAN Foundation will also run Facebook fundraisers to provide support for our traditional host communities.

COVID-19 Response. Professional Triathletes Organisation (PTO) pays athletes $2,500,000, inaugural Collins Cup moves to 2021

The Professional Triathletes Organisation today announced its response to COVID-19 by increasing its Year-End Annual Bonus Programme from $2,000,000 to $2,500,000 and paying it all immediately based on the PTO World Rankings. The $500,000 increase would go to men and women athletes ranked 21-50, who previously would have been paid $5,000 each in a year-end bonus, but will now see that amount raised to $8,000, and men and women athletes ranked 51-100, who previously would have been paid $2,000 each in a year-end bonus, but will now see that amount raised to $5,000. Athletes will be paid based on their PTO World Ranking as of January 1 or March 15, whichever is higher.

During this period that the race schedule is disrupted, the top ten PTO World Ranked men and women athletes have committed to work together with the PTO to engage in appearances and online exhibitions and any revenue from these will be distributed to athletes ranked 20-100.

Rachel Joyce, Co-President of the PTO, commented, “The world finds itself in a difficult and almost unprecedented time. We appreciate that many people are struggling both physically and economically. For our athletes, like many others, the future is filled with uncertainty. With many races cancelled, the ability of our athletes to be able to race in the near future has been greatly reduced. The PTO has been looking for a way to support our athletes in this time of instability. We appreciate that many race operators and race directors are struggling with financial constraints and the PTO is fortunate to be in a position to be able to provide some support to our athletes. We hope that our response in paying athletes a total of $2,500,000 today will help them manage the immediate disruption they are experiencing. We are now looking to work with sponsors, governing bodies, race organisers and other groups in exploring additional opportunities to help alleviate the hardships that COVID-19 is causing to the triathlon community.”

Charles Adamo, Chairman of the PTO, stated that, “The actions taken by the PTO today are indicative of the way our athletes are viewed as valuable partners. Once events were being cancelled, the Crankstart Investments team immediately contacted us and wanted to find the best way to provide short-term support to the athletes. We will continue to monitor the ongoing impact and hope to be able to adopt additional programmes where athletes are not only supported, but also are able to provide support to others who may be struggling in this current environment. As an organisation, the PTO and its professional athletes will look to work with governing bodies, race directors, race organisers and our entire triathlon community to see how we are able to help.”

The PTO also has also announced that under the current circumstances, The Collins Cup, scheduled for May 30, will need to be postponed and will be rescheduled for 2021 at the x-bionic-sphere®. For THE CHAMPIONSHIP, scheduled for May 31, Challenge Family and the x-bionic-sphere are working closely with the local authorities to determine if the event should and can be rescheduled for a later 2020 date. Sam Renouf, CEO of the PTO, commented that, “Given the complex and innovative broadcast production we were going to deliver for The Collins Cup, it is just impossible to logistically have all the worldwide vendors and suppliers gearing-up in this uncertain environment and be able to hold The Collins Cup this year.”

• PTO Website