LakeFest 2018 not to be
Scenes like this one of check for LakeFest 2017 in at Marble Falls Johnson Park will not be repeated this year.
The Marble Falls/Lake LBJ Chamber of Commerce received notice last week that Lucas Oil Drag Boat Racing Series would be proposing substantial contractual changes for the 2018 LakeFest event.
For that reason, Lucas Oil will not be sanctioning drag boat races on Lake Marble Falls in 2018.
During the negotiations that followed, Lucas Oil and the Chamber were unable to reach an agreement.
“We were aware of the process Lucas Oil began last year with regards to restructuring their drag boat series, but we were hopeful we would be able to continue this long-standing relationship and keep LakeFest a viable option for Lucas. It boiled down to being a business decision,” said Patti Zinsmeyer, Executive Director.
“Our community has hosted this fantastic event for 26 years now,” said Marble Falls Mayor John Packer. “We have been working with the Chamber to ensure that LakeFest continued even with the downtown redevelopment. While unfortunate, I respect the decisions made by everyone involved.”