By Mathias Eichler
Winter trails, darkness and all the weather - a fun holiday celebration at Olympia's amazing Squaxin Park. Registration open now.
Matt B. Davis for Hybrid Fitness:
FitLab, which acquired Ragnar in 2021, filed for Chapter 11 bankruptcy in October. Chapter 11 allows a company to keep operating under court supervision while it restructures or sells its businesses.
A couple of possible buyers are already lined up to take over the operations and assets.
What does Ragnar’s stuggle say about the growth of this version of the endurance sport? Is Hyrox taking their customers? Are Backyard Ultras? Are people just being bored with competing in uninspiring places propped up by corporate marketing hype?
Via David Callahan Linkedin.
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