Iditarod Trail Sled Dog Race by modern teams include lightweight gear including thousands of booties and quick-change runners, special high-energy dog foods, veterinary care, and breeding costs. According to Athabaskan musher Ken Chase, "the big expenses [for rural Alaskans] are the freight and having to buy dog food". Most modern teams cost $10,000 to $40,000, and the top 10 spend between $80,000 and $100,000 per year. The top finisher won at least $69,000, but that amount has slowly decreased since then, with the 2010 winner receiving only $50,000. Some believe overall interest in the race may be declining, hence the lighter purses and sponsorships. The
Iditarod Trail Sled Dog Race lead teams are often within a few hours of each other at this point. , the race has been decided by less than an hour seven different times, less than five minutes three times. The closest race in Iditarod history was in 1978 when the winner and the runner-up were only one second apart. The official finish line is the Red "Fox" Olson Trail Monument, more commonly known as the "burled arch", in Nome. The original burled arch lasted from 1975 until 2001, when it was destroyed by dry rot and years of inclement weather. The new arch is a