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A Numbers Game

A Numbers Game

A few Anarchists have gone after Vendee Globe hopefuls Johnny Malbon (Artemis) and Dee Caffari (Aviva), claiming that they are idiots who are woefully unqualified to lead this kind of challenge and have no chance of being remotely competitive. These pissed-off posters complain that these types of entries suck up millions of sponsor dollars that would be better-used going to other sailors with a better chance. It’s a fun shitfight to read – vintage SA stuff for sure – but finally, someone stepped in with a great set of facts about ocean racing sponsorship, including some detailed budget figures, to debunk some of the crap. You can see more in the thread, but here’s a snippet from “tpm”:

“Well you all kill me, talking shit about people working hard in the IMOCA Open 60 class. They have all worked hard to get there – do you know what it takes? Well I will tell you what it takes: Teams can spend around four million U.S dollars a year. Here is a breakdown of a four year campaign for a Vendee Globe:

“New design by Farr Yacht Design, Owen Clarke Design or Groupe Finot will run around $250,000. To build the boat its going to run around $3,300,000 to $3,800,000 with rig, standing and running rigging, winch package, keel, electronics and sails. Then, 9 to 12 months before the boat will hit the water. We are not done yet for the cost for the first year – we have team operations costs which will run around $1,200,000 for the first year. You will need insurance so lets add on $47,000 and not forget IMOCA fees – around $40,000. So let’s see, the total cost for year one is $ 4,837,000.” Read on.