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Ward Howes, File, Associated Press
In this Sept. 16, 2011 file photo, A P-51 Mustang airplane crashes into the edge of the grandstands at the Reno Air show in Reno, Nev.

RENO, Nev. — Organizers of the Reno National Championship Air Races have established a $77 million fund to be distributed to those who suffered injuries or lost family members in last year's crash in Nevada.

Kenneth Feinberg, who oversaw a federal compensation fund for victims of the 9/11 terror attacks, will be the new fund's administrator.

A plane crashed last September at the air races, killing 11 people and injuring about 70 others.

— Associated Press