The Knoxville Racing Charitable Organization (KRCO) will hold their annual fundraiser tomorrow night.
The KRCO is a non-profit organization that was created in 1997 by several sprint car drivers’ wives in order to provide additional safety equipment for cars and drivers, and additional insurance for those that race weekly at Knoxville and are in the Knoxville Raceway Points. The KRCO raises money through the sales of 50/50 raffle tickets in the grandstands and pits during the race season. KRCO has several 501c(3) organizations selling 50/50 tickets for them during the weekly shows and at the 360 and 410 Nationals. The Knoxville Racing Charitable Organization makes a donation to those organizations at the end of the race season in appreciation of assisting with the 50/50 sales. The winning ticket holder each night receives 50% of the total money for the night and the remainder money goes into the driver’s safety fund.
At the fundraiser, there will be a catered meal for $12 from 5:00-8:00 pm, a silent auction from 4:00-7:00 pm, and a live auction starting at 7:00 pm on Saturday. KRCO President Brooke Nott encourages the community to come out and support the cause, as they gave away thousands of dollars last season.
“Last year we gave out over $20,000 in insurance policies to drivers. We also gave out close to $68,000 in safety equipment and medical expenses to injured drivers. We also gave over $220,000 out to prize winners in the 50/50 and we donated $29,000 to community organizations who helped us sell tickets.”
The Knoxville Racing Charitable Organization has spent the last several months gathering a large variety of auction items for the fundraiser, and the meal will be provided by Checkered Flag Concessions.