Active QT Frontrunner Series event director Adrian Bailey said it was the second of seven races over the winter and spring period, but numbers were well down from the 288 in the first race, on May 22.
He blamed the weather - some heard the rain at 4am, while others took advantage of fresh powder on Coronet Peak.
"Last year's series we had great weather all the way through ... cold mornings, but it always cleared up.
"I was optimistic [on Saturday] - it was absolutely chucking it down at 5am when we were setting up, but in the end it was a great day.
"There were some positive can-do attitudes."
Mr Bailey said the first man in the 10km race was Simon Green, of Queenstown, with a time of 36min 35sec, and the first woman was Sarah Coughlan, of Queenstown, in 38min 17sec.
Alex Dodds, of Queenstown, won the 5km section in 21min 51sec, while Claire Corbett, from Alexandra, won the women's in 23min 17sec.
"The great thing is as it goes along, people are travelling to take part."
Mr Bailey said initially the idea was for the series to attract Wakatipu residents, encouraging them to stay active during the winter months, but entries were now coming from Invercargill, Wyndham, Dunedin and occasionally from Christchurch.
The next race in the series will be held at Jacks Point on July 3.
The final race, which will also incorporate a half marathon, is scheduled for November 6.
Meanwhile, in Arrowtown, those at the Athenaeum Hall were racing for a bargain during the Arrowtown Plunket's annual Trash and Treasure sale.
Organiser Mia Bennie said it was the organisation's major fundraiser for the year, with proceeds helping to ensure the operations of the Arrowtown Plunket Rooms.
This year the sale attracted a record number of stall holders, with 24 separate stations selling pre-loved toys and children's clothing.
Mrs Bennie said about 200 people visited the sale and about $1000 was raised.
