Archive | iShares Cup

iShares abandons Extreme 40 circuit

Posted on 20 October 2009 by Valencia Sailing

[Source: OC Events] OC Events, owner and organiser of the award-winning Extreme Sailing Series, today announces its title sponsor, iShares, has decided to end its association with the European Circuit due to a change in company ownership. OC Events has confirmed this will not adversely affect the European Circuit for 2010 or the recently launched inaugural Extreme Sailing Series Asia 2009/10.

Mark Turner, CEO of OC Group that includes OC Events, commented: “Disappointing of course, but this is the world of commercial sponsorship – the Extreme Sailing Series concept will continue to be developed in Europe next year, along with all the stakeholders that have shared the success of 2009 – teams, sponsors and host venues. We have built up a benchmark sailing sports entertainment product, at the highest sporting level, providing excellent returns for all concerned. The European circuit has gathered fantastic momentum with ten top teams competing in close confines in Europe’s top venues and we plan to grow this a great deal further in 2010. Fortunately the event now has many stakeholders and many different revenue streams, so while we will obviously bring in a new title sponsor for 2010, things are very different to 2007 when the title sponsor represented nearly all the income. We have team sponsors, host venues and other event partners already contractually committed through as far as 2012. The Extreme Sailing Series will be back in 2010, and we plan for it to be even bigger and better.”

iShares signed a two year renewal at the beginning of this year, with a 10 day window exit clause following the final event of the season. BlackRock Inc acquired iShares in August this year.

Rick Andrews, head of iShares marketing, Europe, commented: “With a change in Company ownership of iShares coming on 1st December, we are unable to commit to the sponsorship of this event in 2010, and we have had to use a break clause in our 2 year contract with OC Events. This break clause existed for a 10-day period only, following the final event of the year in Almeria.

“The iShares Cup has been a phenomenal success for iShares and it is with much sadness that we have been obliged to make this decision. However, we are confident that such an outstanding property will not be on the market for long – the value for money, the exceptional client experience and the return on investment from this property have really helped propel iShares forward, and I am sure that OC Events will be able to capitalise on our experience with a new partner shortly.”

The Extreme Sailing Series Europe 2010 promises again to pit the very best sailors on the planet up against each other, in top class venues, bringing sailing to a whole new audience both in person and through its global media platform. Three venues and five teams have already confirmed for 2010 and the Notice of Race will be released in the coming weeks.

Mark Turner concluded: “OC Events has invested hugely in this concept and we have ambitious plans for both the European and Asian circuits over the coming years. We are, of course, disappointed to see iShares go, they have been an excellent partner for us. They were onboard for pure commercial reasons, and they have pushed us hard on all fronts, helping us to create the solid product we have today. We created this event together from the beginning of the idea in 2006, but now that the circuit is more mature and the public element as witnessed most recently in Almeria last weekend is really starting to work, we can also see this as an opportunity to bring in a more consumer focused brand as title sponsor to help us take it to the next level again. We now have the scale and reach to deliver for consumer facing brands as well as those more focused on business to business.”

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iShares abandons Extreme 40 circuit

Posted on 20 October 2009 by Valencia Sailing

[Source: OC Events] OC Events, owner and organiser of the award-winning Extreme Sailing Series, today announces its title sponsor, iShares, has decided to end its association with the European Circuit due to a change in company ownership. OC Events has confirmed this will not adversely affect the European Circuit for 2010 or the recently launched inaugural Extreme Sailing Series Asia 2009/10.

Mark Turner, CEO of OC Group that includes OC Events, commented: “Disappointing of course, but this is the world of commercial sponsorship – the Extreme Sailing Series concept will continue to be developed in Europe next year, along with all the stakeholders that have shared the success of 2009 – teams, sponsors and host venues. We have built up a benchmark sailing sports entertainment product, at the highest sporting level, providing excellent returns for all concerned. The European circuit has gathered fantastic momentum with ten top teams competing in close confines in Europe’s top venues and we plan to grow this a great deal further in 2010. Fortunately the event now has many stakeholders and many different revenue streams, so while we will obviously bring in a new title sponsor for 2010, things are very different to 2007 when the title sponsor represented nearly all the income. We have team sponsors, host venues and other event partners already contractually committed through as far as 2012. The Extreme Sailing Series will be back in 2010, and we plan for it to be even bigger and better.”

iShares signed a two year renewal at the beginning of this year, with a 10 day window exit clause following the final event of the season. BlackRock Inc acquired iShares in August this year.

Rick Andrews, head of iShares marketing, Europe, commented: “With a change in Company ownership of iShares coming on 1st December, we are unable to commit to the sponsorship of this event in 2010, and we have had to use a break clause in our 2 year contract with OC Events. This break clause existed for a 10-day period only, following the final event of the year in Almeria.

“The iShares Cup has been a phenomenal success for iShares and it is with much sadness that we have been obliged to make this decision. However, we are confident that such an outstanding property will not be on the market for long – the value for money, the exceptional client experience and the return on investment from this property have really helped propel iShares forward, and I am sure that OC Events will be able to capitalise on our experience with a new partner shortly.”

The Extreme Sailing Series Europe 2010 promises again to pit the very best sailors on the planet up against each other, in top class venues, bringing sailing to a whole new audience both in person and through its global media platform. Three venues and five teams have already confirmed for 2010 and the Notice of Race will be released in the coming weeks.

Mark Turner concluded: “OC Events has invested hugely in this concept and we have ambitious plans for both the European and Asian circuits over the coming years. We are, of course, disappointed to see iShares go, they have been an excellent partner for us. They were onboard for pure commercial reasons, and they have pushed us hard on all fronts, helping us to create the solid product we have today. We created this event together from the beginning of the idea in 2006, but now that the circuit is more mature and the public element as witnessed most recently in Almeria last weekend is really starting to work, we can also see this as an opportunity to bring in a more consumer focused brand as title sponsor to help us take it to the next level again. We now have the scale and reach to deliver for consumer facing brands as well as those more focused on business to business.”

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Video: Highlights from final day of iShares Cup Amsterdam

Posted on 27 September 2009 by Valencia Sailing

Highlights from the third and closing day of iShares Cup Amsterdam. Amsterdam, 27 September 2009. Video copyright iShares Cup

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Gitana Win iShares Cup Amsterdam, Masirah Keep Overall Lead

Posted on 27 September 2009 by Valencia Sailing

[Source: iShares Cup] The best breeze of the day filled in for the final three races today producing some extreme racing – close calls, collisions, penalties and a nail-biting, final double-points race – entertaining the 10,000 strong crowd lining the IJ-Haven. There were seven different race winners in this penultimate event, that was more about tactics than boat handling. Gitana Extreme sailed brilliantly under pressure to win the penultimate iShares Cup Amsterdam event ahead of Oman Sail Renaissance, whilst Groupama fought back to win the final race and fill the last spot on the podium in third. Overall series leaders, Oman Sail Masirah, put their day 1 disaster behind them, finishing 5th in Amsterdam to retain their overall lead, ahead of Gitana Extreme – Groupe LCF Rothschild and Oman Sail Renaissance, going into the final iShares Cup event in Almeria only two weeks away…

The nine-boat Extreme 40 fleet saved the best till last at the iShares Cup Amsterdam event today to produce a thrilling three-lap finale that had the 10,000-strong crowd of spectators cheering the boats home all the way. The penultimate round of the six-stage European iShares Cup series, held on the confined IJ-Haven canal in Amsterdam, saw predominantly light airs but finally this afternoon, a good 8 knot breeze filled in to see the 40-foot catamarans lifting their hulls. It was perfect catamaran sailing – the excitement levels going into fifth gear for both sailors and spectators. As the breeze increased the size of the IJ-Haven racecourse seemed to decrease! The boats accelerating faster round the tiny racecourse and, not surprisingly, a number of collisions ensued.


For Oman Sail Masirah skipper, Pete Cumming, the team did the job they needed to do to keep the overall series lead, despite the unsettling experience of being seriously holed on the first day: “That was a good day for us, we won the first and the fourth race and had average results in the three others. We have been up and down during the all events but I have to say that it’s hard to keep positive and motivated after the big crash we had on Friday. Our shore team did an amazing job to fix the boat. Tonight we are on equal points with Gitana in the overall series which keeps the pressure on for the last event in Almeria. The conditions will be very different to here, more like Cowes or Kiel and it’s what we like. It’s going to be a fantastic battle for the overall iShares Cup!”

The stage was set for the showdown between Gitana Extreme skipper, Yann Guichard, and Oman Sail Renaissance supremo, Loick Peyron, with Guichard coming out on top. “Since the first start today we were in the game and we sailed well despite the pressure of those last races. Once again, our teamwork was key to our success. That final race was under a lot of pressure, we knew that we could not let Loïck put more than two boats between us, and we finished right behind him! It was an ideal scenario, and we’re really happy with that new victory. As we foresaw, everything will unfold in Almeria. We really wanted to win in Amsterdam not to regret anything, and to fight for victory, The top three boats are now one point apart, and the fight between Masirah, Renaissance and ourselves will be amazing. I also wanted to congratulate the Oman Sail Masirah team, who came back strong despite their incident.”


It wasn’t just a battle for the top spot, the Dutch team of Holmatro, skippered by Mitch Booth, were in with a chance of the third podium place. But for the home team it was a case of a pantomime-style ‘behind you’ as Franck Cammas’ Groupama pulled a final win out of the bag to snatch third place from them. But Cammas’ fight was not without incident and he got off lightly in a port/starboard collision with Shirley Robertson’s Team iShares in the penultimate race. Cammas immediately performed a voluntary penalty and post-race the race committee disqualified Robertson for not take evading action – that ultimately put her out of contention for 4th place and Team iShares finished 6th overall.

Erik Maris’ crew on LUNA showed flashes of brilliance during round 5 scoring a race win and a second place that left them in 7th place; whilst Nick Moloney’s BT team struggled with boat speed and had to settle for 8th. Britain’s Mike Golding, who is gaining confidence in this extremely aggressive class, thrilled his supporters with a second place in the final race – Fraser Brown leaping to his feet rousing the crowd to cheer more! It was a great finish for this team who had such a traumatic time in round 4 in Kiel suffering an aggressive capsize that left their regular crew Bruno Dubois with a serious head injury.

The final round of the 2009 iShares Cup is only two weeks away, taking place in the Andalucian city of Almeria over the 10th-12th October. The finale promises to be best yet.

Oman Sail Masirah and Gitana Extreme – Groupe LCF Rothschild are on equal points (43), Masirah in pole position based on winning three of the rounds so far compared to Gitana Extreme’s two victories, but Oman Sail Renaissance are just 1 point behind them and Groupama 10 points behind the leader. And there will be a big fight over the middle-ground with less than 3 points separating BT, Team iShares, Holmatro and LUNA. Don’t miss it!

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Video: Highlights from final day of iShares Cup Amsterdam

Posted on 27 September 2009 by Valencia Sailing

Highlights from the third and closing day of iShares Cup Amsterdam. Amsterdam, 27 September 2009. Video copyright iShares Cup

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Gitana Win iShares Cup Amsterdam, Masirah Keep Overall Lead

Posted on 27 September 2009 by Valencia Sailing

[Source: iShares Cup] The best breeze of the day filled in for the final three races today producing some extreme racing – close calls, collisions, penalties and a nail-biting, final double-points race – entertaining the 10,000 strong crowd lining the IJ-Haven. There were seven different race winners in this penultimate event, that was more about tactics than boat handling. Gitana Extreme sailed brilliantly under pressure to win the penultimate iShares Cup Amsterdam event ahead of Oman Sail Renaissance, whilst Groupama fought back to win the final race and fill the last spot on the podium in third. Overall series leaders, Oman Sail Masirah, put their day 1 disaster behind them, finishing 5th in Amsterdam to retain their overall lead, ahead of Gitana Extreme – Groupe LCF Rothschild and Oman Sail Renaissance, going into the final iShares Cup event in Almeria only two weeks away…

The nine-boat Extreme 40 fleet saved the best till last at the iShares Cup Amsterdam event today to produce a thrilling three-lap finale that had the 10,000-strong crowd of spectators cheering the boats home all the way. The penultimate round of the six-stage European iShares Cup series, held on the confined IJ-Haven canal in Amsterdam, saw predominantly light airs but finally this afternoon, a good 8 knot breeze filled in to see the 40-foot catamarans lifting their hulls. It was perfect catamaran sailing – the excitement levels going into fifth gear for both sailors and spectators. As the breeze increased the size of the IJ-Haven racecourse seemed to decrease! The boats accelerating faster round the tiny racecourse and, not surprisingly, a number of collisions ensued.


For Oman Sail Masirah skipper, Pete Cumming, the team did the job they needed to do to keep the overall series lead, despite the unsettling experience of being seriously holed on the first day: “That was a good day for us, we won the first and the fourth race and had average results in the three others. We have been up and down during the all events but I have to say that it’s hard to keep positive and motivated after the big crash we had on Friday. Our shore team did an amazing job to fix the boat. Tonight we are on equal points with Gitana in the overall series which keeps the pressure on for the last event in Almeria. The conditions will be very different to here, more like Cowes or Kiel and it’s what we like. It’s going to be a fantastic battle for the overall iShares Cup!”

The stage was set for the showdown between Gitana Extreme skipper, Yann Guichard, and Oman Sail Renaissance supremo, Loick Peyron, with Guichard coming out on top. “Since the first start today we were in the game and we sailed well despite the pressure of those last races. Once again, our teamwork was key to our success. That final race was under a lot of pressure, we knew that we could not let Loïck put more than two boats between us, and we finished right behind him! It was an ideal scenario, and we’re really happy with that new victory. As we foresaw, everything will unfold in Almeria. We really wanted to win in Amsterdam not to regret anything, and to fight for victory, The top three boats are now one point apart, and the fight between Masirah, Renaissance and ourselves will be amazing. I also wanted to congratulate the Oman Sail Masirah team, who came back strong despite their incident.”


It wasn’t just a battle for the top spot, the Dutch team of Holmatro, skippered by Mitch Booth, were in with a chance of the third podium place. But for the home team it was a case of a pantomime-style ‘behind you’ as Franck Cammas’ Groupama pulled a final win out of the bag to snatch third place from them. But Cammas’ fight was not without incident and he got off lightly in a port/starboard collision with Shirley Robertson’s Team iShares in the penultimate race. Cammas immediately performed a voluntary penalty and post-race the race committee disqualified Robertson for not take evading action – that ultimately put her out of contention for 4th place and Team iShares finished 6th overall.

Erik Maris’ crew on LUNA showed flashes of brilliance during round 5 scoring a race win and a second place that left them in 7th place; whilst Nick Moloney’s BT team struggled with boat speed and had to settle for 8th. Britain’s Mike Golding, who is gaining confidence in this extremely aggressive class, thrilled his supporters with a second place in the final race – Fraser Brown leaping to his feet rousing the crowd to cheer more! It was a great finish for this team who had such a traumatic time in round 4 in Kiel suffering an aggressive capsize that left their regular crew Bruno Dubois with a serious head injury.

The final round of the 2009 iShares Cup is only two weeks away, taking place in the Andalucian city of Almeria over the 10th-12th October. The finale promises to be best yet.

Oman Sail Masirah and Gitana Extreme – Groupe LCF Rothschild are on equal points (43), Masirah in pole position based on winning three of the rounds so far compared to Gitana Extreme’s two victories, but Oman Sail Renaissance are just 1 point behind them and Groupama 10 points behind the leader. And there will be a big fight over the middle-ground with less than 3 points separating BT, Team iShares, Holmatro and LUNA. Don’t miss it!

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Video: Highlights from day 2 of iShares Cup Amsterdam

Posted on 26 September 2009 by Valencia Sailing

Highlights from the second day of iShares Cup Amsterdam. Amsterdam, 26 September 2009. Video copyright iShares Cup

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Video: Highlights from day 2 of iShares Cup Amsterdam

Posted on 26 September 2009 by Valencia Sailing

Highlights from the second day of iShares Cup Amsterdam. Amsterdam, 26 September 2009. Video copyright iShares Cup

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