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LakeFest Drag Boat Races

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Press Release


February 16, 2018

Marble Falls /Lake LBJ Chamber of Commerce & CVB, 912 Second Street, Marble Falls, Texas 78654

Contact: Patti Zinsmeyer, Executive Director

City of Marble Falls, 800 Third Street, Marble Falls, Texas 78654

Contact: Mike Hodge, City Manager


LUCAS OIL AND MARBLE FALLS/LAKE LBJ CHAMBER UNABLE TO REACH AGREEMENT FOR LAKEFEST 2018

MARBLE FALLS, Texas (February 19, 2018) - The Marble Falls/Lake LBJ Chamber of Commerce (Chamber) received notice last week that Lucas Oil Drag Boat Racing Series (Lucas Oil) would be proposing substantial contractual changes for the 2018 LakeFest event. During the negotiations that followed, Lucas Oil and the Chamber were unable to reach an agreement. For that reason, Lucas Oil will not be sanctioning drag boat races on Lake Marble Falls in 2018.

“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.” – Patti Zinsmeyer, Executive Director

“Our community has hosted this fantastic event for 26 years now. 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.” – John Packer, Mayor

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