COEUR D’ALENE, Idaho -- The Diamond Cup boat race organizers announced Thursday that the event will return to Lake Coeur d’Alene this fall. Organizers confirmed that the race is set for Labor Day Weekend 2013.
Leaders said a businessman from Silver Valley stepped up to help finance the Diamond Cup boat race with a $500,000 donation.
Diamond Cup leaders are expecting about 70,000 spectators and more than ten boats participating. That would make it the largest sporting event in Idaho.
"This is a floating Daytona Motor Speedway," said Doug Miller, the CDA Diamond Cup president. "This is Indianapolis Motor Speedway we have to construct from scratch."
"This is the real deal, like San Diego, Tri-Cities, and Sea Fair," Miller said. "We've utilized every hour of every week to put ourselves in this position, unlike last year. We're solid! We're locked and loaded. We're going boat racing."
The Diamond Cup is the seventh stop on the H1 Hydroplane Circuit. Drivers and Teams from all over the country will be battling for the National High Point Championship on one of the fastest race courses H1 has to offer according to organizers.
The last hydroplane race on Lake Coeur d’Alene was held 45 years ago. Organizers tried to bring the race back to Kootenai County in 2012. However, the Labor Day race was called off in July. Organizers said there were not enough sponsors for a 2012 Diamond Cup.
Vintage hydroplanes have graced the lake for the past couple of summers as part of the Diamond Cup Regatta.