The iconic one-day race, which will hold its centenary edition next year, is without a main funding source after the Coalition’s defeat at last month’s state election.

Two weeks before the election, local MP Denis Napthine pledged $200,000 for the race over the next four years should his government be re-elected.

It was an identical pledge to one made in 2010 that delivered $50,000 to the race each year from 2011 to 2014. 

Organisers are now seeking meetings with Victoria’s new Sports and Major Events Minister John Eren and Napthine in an attempt to shore up the future of Australia’s oldest one-day race.

Warrnambool Citizens Road Race Committee president Brendan Gleeson said if the state government didn’t back the race, it would be a struggle for it to continue. 

He said a cloud would hang over the event if funding could not be secured. 

“It’s critical,” Gleeson said. 

“State government funding over the past four years has covered the cost of traffic management and police. 

“Without that money, putting on the race would be a struggle. 

“We’ll certainly be aiming to sit down with the sports minister to discuss our plans and we’ll also speak with our local member.” 

Gleeson said organisers were hoping to make the 2015 race a showpiece to celebrate its centenary. 

“Dr Napthine made an extra commitment to give an extra $10,000 to the winner next year, which would have been a real carrot to attract high quality riders,” he said. 

“It would be great if the new state government matched that, but our main aim is to secure funding for the race over the next four years.” 

A spokesman for Eren said the government was keen to cement Victoria’s place as the sporting centre of Australia. 

“The Melbourne to Warrnambool Cycling Classic would be eligible for funding from the significant sporting events program,” the spokesman said.

“We would encourage the race organisers to make an application.”

jwoolley@fairfaxmedia.com.au