Elite Racing, the San Diego event management company which founded the Rock ‘N’ Roll Marathon series, has been sold to Falconhead 
Capital, LLC, a private equity firm which specializes in investments in sports, leisure, lifestyle, and media-focused businesses. Terms were not disclosed.
Falconhead’s purchase of Elite was part of a larger transaction, amalgamating Elite with Triathlete and Competitor magazines. These three businesses will now operate under the name of Competitor Group, Inc. (CGI).
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Elite Racing, Inc., announces Matthew Turnbull has been hired as the company’s new elite athlete coordinator.
Turnbull replaces Mike Long who died in July. Long served as Elite Racing’s athlete coordinator for 16 years.
Turnbull, 30, from Stocksfield, Northumberland in England, is now responsible for recruiting and managing the professional and elite amateur athlete fields for Elite Racing’s Rock ‘n’ Roll Marathon Series and the Carlsbad 5000.
The Rock ‘n’ Roll Marathon Series includes seven major marathons and half marathons throughout the U.S. The Carlsbad 5000 is home to 16 world records and is known as the “world’s fastest 5K.”
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Delegates to the USATF convention who attended the open session of the Long Distance Running Division chaired by Fred Finke were anxious to debate the ban on headphones in road races which was imposed by USATF at last year’s convention.
“We realize this issue has caused a great deal of angst,” said Finke, who has received hundreds of e-mails on the subject. “It seems to be a hot button issue.”
USATF enacted the ban in accordance with a rule put in place by the IAAF which banned the use of headphones in championship events. The IAAF ban was intended to prevent athletes from receiving information via radio about the whereabouts of their rivals, a practice which is permitted in the big bicycle tours, like the Tour de France.
But in practical application, it has meant that recreational runners are not allowed to wear MP3 players, like Apple’s iPod, and listen to music during road races. Only a handful of U.S. races have actively enforced the ban.
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