Leyburn will receive a total of $110,000 for the 2013, 2014 and 2015 sprints from the government’s Events Queensland organisation.
The funding is intended to help promote the event and attract more competitors and spectators from outside the Southern Down region.
The 2013 Leyburn Sprints for historic and classic racing cars will be on 17-18 August and again is expected to lure more than 200 drivers and up to 10,000 spectators for time trials on a round-the-houses street course.
The 18th annual event will celebrate the running of the 1949 Australian Grand Prix on a nearby ex-wartime airstrip.
Proceeds from the not-for-profit Sprints benefit local community groups and projects, many of which assist in the event’s preparation and operation.
Organising committee President Ann Collins said the Events Queensland grant was a recognition of the Sprints’ heritage, its standing in the national historic racing community and popularity with spectators.
“This is a very significant increase over past funding levels and will enable us to grow and secure the Sprints as one of Australia’s longest-running historic motorsport weekends,” Mrs Collins said.
“We greatly appreciate the contribution from Events Queensland and the State Government.”