The Chevron Manhattan Beach Grand Prix is the country's second oldest one-day bicycle race. It was founded in 1962 by local racing legend Ted Ernst. With Chevron’s support and that of the South Bay Wheelmen Foundation, the Grand Prix has grown to attract over 700 contestants, including the world’s top cyclists, from six continents, and over 7,500 spectators. Grand Prix features nine races catering to all levels of cyclists, as well as a wide range of community racers. New this year will be a 50-minute junior race for 15 -18 year olds at 10:15 a.m., with a $1,500 purse paying 10 deep. The fan favorite kids’ races for children between the ages of two and 12, will be held at noon, followed by the Women’s Pro 1-3 race at 1 p.m., and then the Men’s Pro 1-2 race at 2 p.m. Kid participants compete for various medals and each participant receives an official race number, t-shirt, medal and goodie bag. Adult cyclists compete for a portion of the $21,500 in prize money.