Introduction The Abu Dhabi Cycling Tour is a new sporting event that has been planned to take place from October 8 to 10, 2015 in the Capital city of Abu Dhabi. Organized by Abu Dhabi Sports Council, this event will be a unique one, meant to meet the needs of professionals and amateurs. It is scheduled to coincide with the international cycling day. The Abu Dhabi Sports Council had commissioned a research, and it was established that cycling was one of the most popular sports, especially among the tourists. The decision to organize this event was based on this research. The event was meant to not only meet the needs of the local sportsmen and women, but also to attract tourists to come and witness or even participate in this thrilling event. It is expected to be a day that will be full of pleasure. In organizing such a mega event that will be taking place for the first time in this country, there are unforeseen risks that the organizers must be well prepared for in order to make the day a success (Schwaighofer, 2014). Issues such as accidents, fainting among the participants, and such related risks must be addressed in the best way possible to avoid any casualties. The region is also prone to terrorists’ attacks that have been witnessed in the global society. The organizers will have to be prepared for such eventualities. In this paper, the researcher will look at the strategic risk plan of this event and the financial implications that the event will have to the organizers. Rationale When organizing such mega events as the newly created Abu Dhabi Cycling Tour, it is always prudent to look at the products to be offered, the market analysis, expected sales and revenue based on the past performance indicators, among other financial issues. However, one should also remember to critically assess the issues about the possible risks that may affect the progress of such events. In order to attract the local and international community to get involved in such events, we must prove to them that we have issues of safety and security well taken care of at all times. The organizers will need to facilitate all the necessary apparatus that will ensure safety and security for everyone. However, it will also be important for the team to look at the business aspect of the event to avoid the possible losses that may be witnessed in case things fail to go as per the plan. In this section, it is reasonable to look at the products that will be offered, the market to be served, the expected financial returns based on what has been witnessed in other parts of the world, and the financial pitfalls that the organizers must be keen on controlling. This way, the team will know how to budget for the entire event. Description of the Organization The Abu Dhabi Cycling Tour was organized by the Abu Dhabi Sports Council. The Abu Dhabi Sports Council was founded following a decree by Sheikh Muhammad, the Abu Dhabi Crown Prince, to help the emirate enhance various sporting events for youths and other members of the society (Abed, 2014). Since its formation, this organization has been working with the relevant stakeholders to champion for various forms of sports within this emirate. The leadership of this country understands that sports are not j