26 Mar 15
The competitors and organizers of the 2017 America's Cup are planning to implement a series of rule changes to dramatically reduce team operational costs, primarily by racing in a smaller boat.
Now in its fourth year the Monsoon Cup has gained prominent status on the World Tour. It offers on of the highest prize purse's on the Tour, MR1 million (approximately $295,000), an increase of more than two and a half times the 2005 purse, with the winner set to earn MR250,000 (approx. $68,000).
The Monsoon Cup was created to bring world class professional sailing to Malaysia and Southeast Asia. The inaugural event created an unprecedented economic return for Malaysia and the region of Terengganu. That success prompted the signing of Richard Mille Watches as title sponsor, which has helped increase the prize purse.
The Monsoon Cup was also created to help promote Kuala Terengganu and a new property development on Pulau Duyong Island. Ground breaking for the development took place on July 4, 2005, and was attended by an estimated 10,000 visitors. By November 2006 the marina had been completed.
The Monsoon Cup figures to be part of the Tour for years to come. There is an eight-year commitment from event organizers, with funding secured. Racing will take place in Foundation 36s, designed by New Zealander Brett Bakewell-White.
Terengganu is one of the three East Coast states on the Malaysian peninsula. It has a land area of 12,995 square kilometers and 225 kilometers of coastline. Kuala Terengganu, the state capital, sits on the bank of the Terengganu River. Kuala Terengganu has a population around 1 million, while Malaysia has a population near 24 million.
One of the goals of the Monsoon Cup is to spread match racing across the region. In November, organizers for the event also hold the Malaysian Match Racing Championship and Asian Match Racing Championship. The winners of those events will gain entry to the Monsoon Cup.
For information on the World Match Racing Tour please contactt:
For information on the ISAF Match Racing World Championship please contact the ISAF Marketing and Media team here.