Lagardere is asking Hawke's Bay ratepayers to contribute $225,000 to the event over three years, through grants of $25,000 per year over three years from each of the Napier City Council, Hastings District Council and the Hawke's Bay Regional Council.
Napier City's contribution was supported yesterday at a meeting of the council's finance committee.
In a report prepared for yesterday's committee meeting, Napier City Council's acting corporate services manager Adele Henderson said last year's inaugural Queenstown marathon, organised by Lagardere, was launched "with great success".
The Queenstown event attracted 5900 runners, hitting the company's five-year target in the first year.
Of those who took part in the Queenstown event, 10 per cent were from overseas and 78 per cent from outside the Queenstown region. "Out of town" visitors taking part in the event spent $5.6 million.
Napier deputy mayor Faye White told yesterday's meeting the Queenstown marathon was promoted and executed well by Lagardere and it was hoped that would be repeated in the Bay.
"We've got the scenery, we're got the environment, we've got the will, and I believe this is a really good thing to add to Hawke's Bay's event calendar," she said.
But councillor Graeme Taylor said he had "severe reservations" about committing ratepayer money to the event because there was a history of marathons in the Bay not proving viable.
Hastings Mayor Lawrence Yule said his council had also been approached by Lagardere and staff had recommended the requested commitment be agreed to, although a formal decision had not been made. Regional Council Chairman Fenton Wilson said his council had met informally with Lagardere but was not prepared to commit the requested $25,000 annual contribution, given it supported tourism through an annual grant to Hawke's Bay Tourism.