Adidas Releases $500 Running Shoe as Fall Marathon Season Starts

Adidas AG has released a $500 running sneaker, the latest entry in the super-shoe competition.

The Adizero Adios Pro Evo 1 is the German company’s lightest-ever racing shoe, it said. Weighing 138 grams (4.9 ounces), it’s 40 percent lighter than Adidas’s most recent talked-about marathoning shoe, the Adizero Adios Pro 3. It’s also twice the price of that model.

The Adios Pro Evo 1 is also considerably pricier than Nike Inc.’s Alphafly…