Ragnar co-founder Tanner Bell said Thursday that an agreement with FitLab has been reached to provide the funding needed for Ragnar Trail Rainier and Ragnar Trail Soldier Hollow to move forward as scheduled this month.

In a post Thursday to the Ragnar team captains group, Bell said the agreement followed several days of work by a group he described as industry leaders, investors, event operators, and people who care deeply about Ragnar. Bell had previously said the group was close to an interim agreement and expected both races to happen. Thursday’s update said that agreement has now been reached.

“I’m happy to share that we have now reached that agreement with FitLab, providing the funding needed for both races to move forward while we continue working toward a full acquisition of Ragnar,” Bell wrote.

As of publication, Ragnar and FitLab had not issued an official email or posted an announcement on Ragnar’s official social media accounts.

In response to questions from Hybrid Fitness Media, FitLab CEO Phil LeHaye said he could not discuss anything beyond the public statements but said, “Everyone is working closely to establish a best path forward.”

LeHaye added: “There are no bad people, only difficult circumstances that have to be overcome.”

Bell did not disclose the financial terms of the agreement, who is providing the funding, or what legal structure would be used for a full acquisition. He said the broader goal is to acquire Ragnar, deliver the remaining 2026 events, and prepare for 2027, but described that process as ongoing, with “many details being worked through.”

Bell also said the group is working with Reach the Beach co-founder Mike Dionne, who is coordinating with New Hampshire state officials toward what Bell called a sustainable path forward for that event. Reach the Beach lost its state park permit in New Hampshire earlier this month after unpaid bills to local police departments and state parks, according to prior reporting by Hybrid Fitness Media.

The update did not address Ragnar Trail Wisconsin. Marathon County has since signed a new one-year agreement for the event, but Ragnar must make a required advance payment by Aug. 28 for the race to proceed.

Ragnar’s website lists Trail Soldier Hollow as sold out. However, as of Thursday afternoon, the event remained open for registration through Let’s Do This, a separate ticketing platform. The listing showed registration closing in two days, with prices ranging from $141.66 to $250.

Beyond Trail Rainier and Trail Soldier Hollow, Ragnar’s website currently lists at least ten additional events scheduled for the remainder of 2026. Its site also lists at least seven events scheduled for 2027, extending into July, with registration open and participant payments being accepted.