Today, Monday 8 September, ISAF and Volvo signed a two-year title sponsorship agreement for the ISAF Youth Sailing World Championship, which will in future be known as the Volvo Youth Sailing ISAF World Championship.
The sponsorship agreement is for exclusive title sponsorship including the nations' trophy, to be known as the Volvo Trophy, presented to the best overall performing nation. The Trophy is currently held by Australia. The two- year sponsorship covers the 2004 and 2005 World Championships to be held in Poland and Korea respectively, and follows on from the Volvo sponsorship of the 1999, 2000, 2001 and 2002 ISAF Youth Sailing World Championship.
The contract was signed on the occasion of the ISAF Executive Committee meeting at the ISAF Secretariat headquarters in Southampton, Great Britain. A double celebration, as the 8 September 2003 also represents the thirtieth anniversary of the start of the first Whitbread Round the World Race in 1973, and the day on which the Volvo Ocean Race unveils the Volvo Open 70 Rule and the Notice of Race for the Volvo Ocean Race 2005-2006.
On signing the contract, Glenn Bourke, Chief Executive of the Volvo Ocean Race, and former Laser world champion, commented, "The skills needed to win the Volvo Ocean Race are now more demanding. The race has moved into a new and more professional era where experience at top-level dinghy racing has a very clear benefit in ocean racing. We are delighted therefore, to be working with ISAF to help youngsters develop sharp inshore racing skills, the ability to focus and to drive a boat fast, all of which will equip them for their eventual transition into grand prix ocean racing."
Whilst supporting the Volvo Ocean Race, with its premier position in ocean racing, it has long been Volvo policy to make a real contribution to the development of the chosen sport, by supporting activity at a grass roots level, and particularly with young people. The Volvo Youth Sailing ISAF World Championship is the ideal event to fulfil these objectives and communicate the sailing message, including during the interim years of the Volvo Ocean Race.
The level of skill and dedication shown by competitors to reach World Championship level is outstanding and it will not be surprising to see some of them become future crew and skippers in the Volvo Ocean Race.
Delighted at the renewal of the title sponsorship, ISAF President Paul Henderson commented, "The Volvo Youth Sailing ISAF World Championship is a very prestigious event in the sailing calendar and the pinnacle event for youth sailors. Volvo's support will help tremendously to further develop the event that has been the start of so many of today's top sailor's international sailing careers. I am very excited that Volvo has again committed to youth sailing."
Notes to Editors:
The 2004 Volvo Youth Sailing ISAF World Championship will take place in Gdynia, Poland from 8-17 July 2004. The 2005 Volvo Youth Sailing ISAF World Championship will take place in Pusan, Korea in 2005.
The Volvo Ocean Race follows the traditional route of the old clipper ships, sailing around the world with the prevailing winds. The 2005 Volvo Ocean Race will start on 5 November 2005 from a southern European port.
International Sailing Federation (ISAF)
Email: email@example.com Tel:+44 23 80 635111
Lizzie Green - Volvo Ocean Race Press Officer
Mobile: +44 7801 185 320
Tel: +44 1489 564 555