Note: On November 2, 2021 we reduced this to 2.5%
We are pleased to announce that our standard race reserve requirement is dropping to 5% from 10%, with a payment account requirement of 2.5% of race registration transactions. Donations continue to have no reserve requirements and are paid out directly.
Note the reserve requirement can vary depending on our underwriting process and chargeback experience. For example, we have a much higher holdback requirement for individuals setting up virtual races, while an established nonprofit that has held a number of events over past years would be the 5%.