The race is held in January each year, with the first race run on14 January 2000. In April 2007, it was announced that the prizes for the 2008 race would be one million dollars offered for a world record and $250,000 for first place for both men and women, making this the long distance running event with the greatest cash prizes in history. The 2008 race was won by Haile Gebrselassie with a time of 2:04:53. This was the second fastest recorded time for a marathon at that point, not fast enough to claim a world record or the million dollar prize. The 2012 race proved to have one of the fastest finishing fields at that point: a record of four athletes finished in under two hours and five minutes. Ayele Abshero won with a course record time of 2:04:23 hours, which was the fourth fastest on the all-time lists and the fastest time ever run by an athlete running his first marathon. The other podium finishers also entered the all-time top ten: runner-up Dino Sefir became the eighth fastest man with a time of 2:04:50 hours, while Markos Geneti became the ninth fastest with a time of 2:04:54 hours. Jonathan Kiplimo Maiyo became the 13th fastest man with a time of 2:04:56 hours, and Tadese Tola became the 16th fastest with a time of 2:05:10 hours. The women's side was also fast; for the first time in history, the top three runners of a race all finished in under two hours and twenty minutes. Aselefech Mergia finished with a time of 2:19:31 hours to win, setting an both a course record and an Ethiopian record and becoming the seventh fastest recorded woman. In her first marathon, runner-up Lucy Wangui Kabuu became the eighth fastest woman with a time of 2:19:34 hours, and Mare Dibaba became the 15th fastest woman, finishing in 2:19:52 hours. Fellow Ethiopians Bezunesh Bekele and Aberu Kebede moved up to the 16th and 17th fastest women of all time. The 2013 event, run under a heavy fog, was also very fast. The Ethiopian winner Lelisa Desisa, won in a sprint finish of the last 200 meters with a time of 2:04:45, leading four other runners who also finished in under 2 hours, 5 minutes. On the women's side, Ethiopian Tirfi Tsegaye won with a time of 2:23:23, sixteen seconds ahead of fellow Ethiopian Ehitu Kiros. The top four runners on the men's side and the top six on the women's side were all Ethiopians. In the 2015 race, Shure Demise set a junior world record in the marathon, finishing fourth overall.
