The troubled Port Kembla billy cart derby has once again been postponed, with organisers blaming financial challenges and "the current economic conditions".
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In a statement quietly posted to social media, organisers of the once-popular event said they needed to "shift" the event to some time in November or December.
However, they also said any new date would only be announced once adequate donations had been received.
The derby had been rebranded as the Illawarra Gravity Racing Championship, and was due to run in two weeks, on October 19.
"GRAA has been working extremely hard to try and secure sponsorship and donations from businesses in order to support the community and the race," the statement said.
"It has been evident that the current economic conditions have had an impact on our ability to secure funding.
"Only two companies have enquired about sponsorship/donations and we thank them greatly for their support."
The association said it had "a verbal commitment to provide sufficient sponsorship for the longevity of the race which is looking very positive" but that the "challenge is the actual date when these funds will be received."
The organisation expressed its "sincere apologies for any inconvenience this process has caused to the gravity racing community and schools".
The association is headed by Jessica Gnata, who was event co-ordinator of the derby when it was run by the Port Kembla Chamber of Commerce in 2015.
Relaunching the derby in March, Ms Gnata said the rebranding would allow participants to qualify for the Soap Box Derby held in the US, and made assurances the 2019 event would not fall victim to the same financial issues as previous years.
It has been evident that the current economic conditions have had an impact on our ability to secure funding
- Gravity Racing Association of Australia
The derby was first held in 1940 and continued until 1987. It returned to Wentworth Street in 2012 to much fanfare, with the Red Point Artists Association running three successful events.
In 2015, the driving members, aged in their 70s, opted to pass the baton to the Chamber of Commerce.
The 2016 event postponed twice and then cancelled in 2017 due to lack of registrations and financial sponsorship, as well as a "loss of goodwill" from volunteers and sponsors.