Background: I recently competed in the Tour of the Catskills in New York. Unfortunately, this year was the last year that this event will be held, due to financial stresses. I'm not very familiar with the costs associated with hosting a multi-day stage race - about how much does it cost to put on a similar stage race?
By "similar", I mean a 3 day stage race, consisting of a time trial, two road races, chip timing, leaders' jerseys (GC, KOM and points - at least 63 total @21 jerseys/stage) and multiple category races (5, 4, 3, P/1/2) for both men and women.
I'm having a difficult time finding resources online that give any sort of estimate for the costs of organizing bike races. I found this site which gave the numbers for a one day race (~$3K), but not only was this post from 5 years ago, it didn't look like the race had timing or leaders' jerseys and is not a multi-day event.
What's a typical cost (estimate) for this type of event?
Edit: I'm not looking for an exact number. I just want a ballpark answer; something to give me an idea of the financial resources it takes to run one of these events. For instance, even saying something like,
"I ran a road race last year with chip timing and it cost us $X. We didn't have leaders' jerseys, but a custom jersey costs about $Y. Therefore, for a stage race, you could expect to spend about $3X + $63Y"
would be really beneficial to me and anyone looking into hosting a stage race, since this information seems to be very difficult to find for cycling races.