CHANGING THE MOULD: Unprecedented support for the skippers of the VELUX 5 OCEANS 2010/11

The VELUX 5 OCEANS is seeking to create a new dimension in ocean racing by seeking to create a truly international line up of skippers.

The VELUX 5 OCEANS will be an event that actively rewards participants through attractive value-in-kind packages and financial rewards.

 

€1.8 million of value for skippers of the next VELUX 5 OCEANS to be delivered by VELUX and Clipper Ventures PLC, including a Skipper Prize Money Pot of €500,000

The VELUX Group and Clipper Ventures are to offer an unprecedented skipper support package for the VELUX 5 OCEANS 2010-11, committing to jointly deliver over €1.8 million of value for competitors in prize money and key services such as skippers' accommodation, logistics and communication.

VELUX has committed to deliver €1.2 million of value for competitors in prize money and key services to the skippers. The 2010 race will see a €500,000 skipper prize fund - one of the biggest on the Open 60 circuit. The division of the prize money will be decided in 2010 in partnership with Clipper Ventures following consultation with skippers entered in the race.

As partners, VELUX and Clipper Ventures are well aware of the costs for skippers and their teams to participate in this classic ocean race. VELUX has therefore committed to invest a further €700,000 across important services such as skippers' accommodation, logistics and communication. Clipper Ventures has equally committed to match this investment with an additional €600,000 of value in kind in order to assist with budgets and reduce cost burdens.

As well as offering a beneficial package and continual support for sponsors and skippers within the IMOCA fleet, the VELUX 5 OCEANS would like to help aspiring sailors with the skill and ambition to make the start line of the next race through identifying potential entrants from diverse nations across Europe (Germany, Denmark, Poland, Russia, Italy), Australia/New Zealand, USA.

The Race Management will also assist with winning sponsorship and media communication efforts as well as delivering value-in-kind and financial incentives to secure yacht and support team.