Reno Races Receive Conditional Approval for 2012 Event
May 18, 2012 - The Reno-Tahoe Airport Authority Board has given a one-year special permit to the Reno Air Racing Association (RARA) to hold the annual Reno National Championship Air Races, provided RARA obtains $100 million in insurance coverage, according to a report in the Reno Gazette-Journal. The permit also stipulates that RARA must pay any increase in insurance rates incurred by the authority for holding the races, which are scheduled for September 12-16 at Stead Airport.
"We're close to finishing, and we're in great shape," said Mike Houghton, RARA president/CEO, regarding efforts to obtain the insurance certificate. He said the hope is to present evidence of insurance coverage at a scheduled airport authority meeting next week, adding that "group effort" will be required to raise the amount needed to pay for the policy after obtaining the certificate.
RARA is also in the process of responding to the NTSB, which last month put forth seven recommendations to make the event safer after last year's tragic accident that claimed the lives of 11 people and injured 70 others. Houghton also expects to present recommendations at the airport meeting next week from the blue-ribbon panel of aviation experts formed by the association to study all aspects of the races - both on and off the pylon course - to determine what can be done in the areas of safety.