Event organiser Anton Schmitz said the event raised about $9000 for Arrowtown Preschool, all of the money going to landscaping.
This year, the course, which begins at the preschool on Durham St, ended on Butler's Green, near the Chinese Village, meaning competitors had to negotiate a ''very, very tight'' left-hand hairpin corner to access the final downhill stretch leading to the finish line.
Members of the Arrowtown Volunteer Fire Brigade and St John staff were on hand to assist the many drivers who came a cropper, including Shotover Jet driver Mike Topp.
Mr Topp, who ultimately won the award for best crash, was racing down Villiers St when the Pitstop Hairpin claimed him.
He told the Otago Daily Times afterwards his trolley ''locked up'', threw him to the left and into a haybale before the entire trolley came to rest upside down.
Mr Topp, assisted by volunteers, was uninjured and quickly back in his trolley heading towards the finish line.
Mr Schmitz said the overall winner of the 2014 event was Green Fingers Landscape Contractors trolley, driven by a person known only as The Stig.
The same trolley won the event last year, entered by Edge Construction.
''That's a high-end trolley - we might have to slow it down next year.''
For the first time a luge race was incorporated into the event, with 14 invited racers representing a variety of businesses and organisations in the Wakatipu going head-to-head on the course.
A sprint finish saw Destination Queenstown chief executive Graham Budd take the title from Richard Thomas, representing Skyline Enterprises.
Mr Schmitz said the event, which coincided with a well-timed break in the weather, had attracted good numbers and feedback had been excellent.
