Its a cool style of racing, as anyone can win.
"handicap
A style of road racing in Australia where riders are given time handicaps in bunches, with scratch being the last riders to leave and limit being the first riders to leave. The time intervals between groups, and the allocation of riders to groups is decided by the race handicapper, based on rider's ability, age and form. Race honours are usually awarded to the first 5 to 10 riders (depending on the size race) and to the fastest time." - http://en.wikipedia.org/wiki/Bicycling_terminology
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