Cape Town Bike Festival 2011 {Cancelled}

It is with great regret to announce that this year's Cape Town Bike Festival (CTBF) has been cancelled due to lack of both sponsorship & ticket support for the top level event.

Two weeks ago the company was still hopeful we would be able sell enough tickets to make the event happen on advice that an event like the CTBF is a walk-in event and that significant ticket sales would only start happening closer to the event.

However, although substantial communication saw ticket sales climbing on a daily basis, viability was not assured and although we have spent a considerable amount of money in trying to realise the Festival, we believe it would have been irresponsible to continue under the circumstances and in the end not able to pay vendors or refund people who bought tickets.

"It has been a personal dream of mine to make the Cape Town Bike Festival something of substance and an exciting annual event and I apologise for the inconvenience the cancellation may have caused," says CTBF CEO De Wet Du Plessis.

All ticket holders will be refunded and those who bought tickets from Computicket can contact the vendor for refund while those who bought directly from Cape Town Bike Festival can contact the company (info@capetownbikefestival.com) in this regard.

source: www.capetownbikefestival.com