SailNet Community - View Single Post - Economics of racing?
View Single Post
post #1 of Old 01-25-2010 Thread Starter
Senior Member
Join Date: Feb 2009
Posts: 139
Thanks: 0
Thanked 1 Time in 1 Post
Rep Power: 9
Economics of racing?

I enjoy watching the Vendee Globe, Volvo, etc. races but I'm puzzled by the economics behind the racing.

My understanding is that at the higher levels you have a corporate sponsor for a boat who gets to splash their name and logo across everything, and at lower levels you just have wealthy folk with privately owned boats who just fork over the cash and have crew along for the ride ("Other People's Boat Club").

So far, so good...but apart from a trophy, fame and your name on a list somewhere, what do the winners win? What does the captain and/or crew get? Are they under contracts, similar to other sports, where they get to take home some of the sponsorship money? If so, how much are we talking?

Is there financial reward for coming first in the Vendee Globe?

zAr is offline  
Quote Share with Facebook
For the best viewing experience please update your browser to Google Chrome