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Flying Dutchman said..
I'm also wanting to find a solution for running the event in case the wind is under 15 knots which is a very real possibility in Geraldton.
Seems relatively low risk of light winds .. better off waiting for 20+ knots of wind, rather than running a comp in 10 knots .. unlikely to be a tropical storm to block winds for 2+ weeks.
Majority of people should be flexible, as they are most likely ...
a) travel long distance to get to Coro, hence waiting a week for wind isn't a big deal to their schedule, or
b) Perth locals that can wait until the next weekend
A small percentage may be unavailable to wait for wind and need a refund.
Anyway, just thoughts/opinions to consider.