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Update on the MYBA superyacht Brokers' Regatta

I call Russell Crump at Edmiston & Company for a progress report on the Superyacht Brokerage Regatta prior to the Monaco Yacht Show, as detailed in this column on July 6th, and he says that he's had nine verbal confirmations while there are only six more yachts available.

Also some new rules have been introduced: each J24 will have a crew of five of which two have to be brokers or yacht managers from the same company and one professional sailor is allowed - but not at the helm

The regatta will operate from the Monaco Yacht Club over the weekend of September 17th-19th and will be sailed under the ISAF rule governing J24 fleet sailing rules. Each yacht will be crewed by a brokerage house or a yachting related industry to compete on courses set in in Olympic triangles, making for close quarters boat handling and busy mark roundings. The nature of these courses keeps all competitors within eyeshot of each other..

Importantly, each day’s racing will be followed by a drinks and buffet gathering to create a social platform of informal broker networking before the following week’s Monaco Yacht Show. After Saturday’s race there’ll be a Gala Dinner and Sunday’s racing will finish early to hold a full prize giving ceremony at which the winning yacht will be awarded the Monaco Cup. The event's also attracted a main sponsor, Only Yacht insurance.

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