1947 Cleveland Air Racing Purse

[Airrace7]

The total purse for the 1947 Cleveland Air Races was $125,000.00.
If you were to have the same races today the purse would be $1,365,186.04 with a calculated inflation rate of 3.58%

Quite a big difference of the purse we have today and what they had in 1947 and the only raced for 3 days!

[Race5]

Re: 1947 Cleveland Air Racing Purse

The total purse for the 1947 Cleveland Air Races was $125,000.00.
If you were to have the same races today the purse would be $1,365,186.04 with a calculated inflation rate of 3.58%

Quite a big difference of the purse we have today and what they had in 1947 and the only raced for 3 days!

With very little cost to run an event compared to today.....

[supercub]

Re: 1947 Cleveland Air Racing Purse

The first year I attended Reno was 1966 and I believe the total purse money was $25,000

[N22252]

Re: 1947 Cleveland Air Racing Purse

The total purse for the 1947 Cleveland Air Races was $125,000.00.
If you were to have the same races today the purse would be $1,365,186.04 with a calculated inflation rate of 3.58%

Quite a big difference of the purse we have today and what they had in 1947 and the only raced for 3 days!

I'm guessing 125,000 1947 dollars might have been about enough to buy every one of the recently-surplused warbirds that showed up to compete... and some gas too