The Little 500 is the biggest intramural event on the IU campus and the largest collegiate bicycle race in the United States. Riders compete in four-person teams in separate races for men and women around a quarter-mile track. More than 25,000 people attend the races every year, with the proceeds used for working student scholarships at IU. The race was founded in 1951 by Howdy Wilcox Jr., Executive Director of the Indiana University Student Foundation, who modeled the race after the Indianapolis 500, which his father had won in 1919. “Little Five Weekend” is a landmark event at IU and the race is somewhat secondary to the parties. Students from all over the country flood Bloomington to attend both public and private parties and usually a large concert with nationally touring acts sponsored by the college.