Postponed

Charles A Dana III, commodore of the New York Yacht Club (NYYC), announced today the postponement of the Transatlantic Challenge, presented by Rolex. The transatlantic race, from New York to England, will be sailed in May 2005.

The recessionary economy and the tragic events of September 11th and their aftermath have raised concerns about security and have led to the possibility of some competitors being reluctant to compete in May 2002.