Life Time Tri Series Explained

The Life Time Triathlon Series is a set of Olympic Distance triathlon races held annually in the United States and organized by Life Time Fitness.

The series began as a single race, the Lifetime Fitness Triathlon, in 2002 in Minneapolis, Minnesota. It gained immediate recognition from national and international competitors due to its professional prize purse, initially offering a $50,000 prize for the winner. The following year the prize was increased to a $500,000 total purse, with $50,000 each going to the male and female winner and a $200,000 prize to the overall winner in a gender handicapped elite category.[1] By 2007 Life Time expanded the race into an Olympic-distance triathlon series, which originally began with race partnerships in New York, Chicago, Los Angeles and Dallas offering a professional prize purse at each of these races.[2] Life Time furthered the professional experience in 2013 by partnering with Toyota to create a three race Toyota Triple Crown series using a similar gender equalizer component to award a single male/female champion.[3]

In 2015 the triathlon series and the Life Time brand saw changes. In January, Life Time partnered with the World Triathlon Corporation (WTC), owners of the Ironman triathlon brand.[4] As part of their agreement, some Life Time races would be rebranded under the Ironman banner, and WTC's Boulder Peak Triathlon would now fall under Life Time Fitness. Life Time also agreed to sponsor 34 Ironman 70.3 and Ironman Triathlon races.[5] On March 6, Life Time announced that they would be cutting professional prize purses from all of its races, with exception to the New York City Triathlon, in order to focus on amateur participation in triathlon.[6] This move followed similar moves in the sport of triathlon over the previous 12 months where brands such as Ironman, Rev3, Challenge Family, and the Hy-Vee Triathlon all reduced, redistributed, or eliminated professional prize money from their races.[6] These changes came ahead of a March announcement that Life Time Fitness was to be acquired by private equity firms TPG Capital and Leonard Green & Partners in a leveraged buyout.[7] [8]

Series

Racelocation
CapTex TriathlonAustin, Texas
TrinonaWinona, Minnesota
Life Time Tri MinneapolisMinneapolis, Minnesota
Boulder Peak TriathlonBoulder, Colorado
New York City TriathlonNew York City, New York
Maple Grove TriathlonMaple Grove, Minnesota
Chicago TriathlonChicago, Illinois
Life Time Tri TempeTempe, Arizona
Escape to Miami TriathlonMiami, Florida
Life Time Tri OceansideOceanside, California
Life Time Tri MarqueeTempe, Arizona
South Beach TriathlonSouth Beach, Miami, Florida

Notes and References

  1. Web site: Carlson. Timothy. The Life Time Fitness Series. September 14, 2010. May 12, 2015. Slowtwitch.com.
  2. Web site: Carlson. Timothy. Life Time and the ITU: Peace?. September 15, 2008. May 12, 2015. Slowtwitch.com.
  3. Web site: Life Time Announces Toyota Triple Crown Series. March 21, 2013. May 12, 2015. Competitor Group, Inc..
  4. Web site: What's the deal between Ironman and Life Time Fitness. Empfield. Dan. January 29, 2015. May 12, 2015. Slowtwitch.com.
  5. Web site: Life Time Tri Soma to become IRONMAN 70.3 Arizona; Boulder Sprint and Boulder Peak triathlons to join the Life Time Tri Series. March 3, 2015. May 12, 2015. Yahoo! Finance.
  6. Web site: Life Time Cuts Pro Prize Purse. Lacke. Susan. March 6, 2015. May 12, 2015. Competitor Group, Inc..
  7. Web site: Tan. Gillian. Leonard Green, TPG to Take Life Time Fitness Private. March 16, 2015. May 12, 2015. Wall Street Journal.
  8. Web site: Waite. Kirstin. Life Time Fitness sold to private equity firms in deal valued at more than US$4 billion. March 16, 2015. March 16, 2015. triathlonbusiness.com.