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Miami Marathon purchased by Life Time Fitness
By Susan Miller Degnam, Miami Herald
The Miami Marathon and Half Marathon, approaching another 25,000-runner sellout, will celebrate its 12th anniversary on Feb. 2.
On Friday, the event took a giant stride toward what organizers expect will secure the race for many more years.
Life Time Fitness, Inc., a publicly-owned Chanhassen, Minn.-based “healthy way of life company” that operates fitness centers and running/cycling/triathlon events throughout the nation, acquired ownership Friday of the Miami Marathon and the other events previously owned by US Road Sports & Entertainment Group.
“I don’t just think this is a good thing, it’s a great thing,” said Miami Marathon co-founder Frankie Ruiz, the event’s chief running officer. “We’ve made it to where the marathon needs to be at today, a place we all hoped we’d get to at one point. Life Time Fitness is a company that has the resources across the board – not just financial – to make this race even greater than it already is.”