Rolex Watch U.S.A., Inc. and the New York Yacht Club announced that Rolex will continue as the exclusive-presenting sponsor of NYYC events through 2007. The five-year sponsorship agreement extends the relationship that was established in 1994.
"We are pleased to extend our partnership with the New York Yacht Club,"
said Walter Fischer, president and CEO of Rolex Watch U.S.A. "This relationship has helped create unique events such as Race Week at Newport and the Rolex Transatlantic Challenge."
Highlighting the NYYC's schedule in 2003 is the 149th New York Yacht Club Annual Regatta presented by Rolex, scheduled for June 7 - 8. The Rolex Yachtsman and Yachtswoman of the Year Awards, the sport's most coveted honours, are hosted annually at the NYYC's New York clubhouse. This year's event, honouring Liz Baylis and John Kostecki, will be held this Friday, March 21.
In June 2004, the Annual Regatta will be the New York Yacht Club's 150th. The fourth edition of the New York Yacht Club Race Week at Newport presented by Rolex will run in July.
In 2005, the Rolex Transatlantic Challenge will feature superyachts attempting to break the world's oldest ocean-racing record while covering 3,000 nautical miles from New York to England.
"The sponsorship of Rolex has benefited our membership and the sailing community,"
said NYYC Commodore Lawrence S. Huntington. "For the past eight years, the New York Yacht Club has hosted the world's top sailors at our events and, with the assistance of Rolex, made their experiences memorable. We are very happy to have Rolex continue its valuable partnership with us."
In commemoration of the partnership between the NYYC and Rolex, a 10' 6" Rolex pedestal clock was installed on the club grounds at Harbour Court in 1999.