Marble Falls won’t be hearing the roar of the engines, and the waves splashing across the waters of LakeFest as the annual event has been canceled for 2018. The Marble Falls/Lake LBJ Chamber of Commerce received word that Lucas Oil was “…proposing substantial contractual changes for the 2018 LakeFest event,” according to a press release. “During the negotiations that followed, Lucas Oil and the Chamber were unable to reach an agreement. For that reason, Lucas Oil will not be sanctioning drag boat races on Lake Marble Falls in 2018,” stated the Chambers’ press release.
The 26-year-old beloved family tradition attended by thousands of Texas Hill Country residents and fans of the event won’t be providing its dose of friendly boating competition this year. Over 100 boaters participated in the exhilarating drag boat races annually. The YouTube video below, shared by KXAN, highlights the disappointment the event will be to its community.