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News - 27 May 2011

10m boost to Southampton's economy.

TEN million pounds – that is how much landing one of the world’s most prestigious yacht races could be worth to Southampton. Approximately 150,000 people will descend on the city’s restaurants, cafes, hotels and shops as they soak up the atmosphere of the Clipper 11-12 Round the World Yacht Race.

The fleet of ten 68ft ocean racing yachts will spend four days in the Ocean Village Marina as they prepare for their 40,000-mile circumnavigation of the globe on July 31. Crews will be a mixture of amateur and professional sailors, each paying up to £39,500 to complete the race.

It will be the first time since 2004 that a round the world yacht race has started from the iconic sailing ground of the Solent. The last Clipper race was held in Hull and brought £9.3m to the local economy. But organisers are hoping this year’s race launch from Southampton will be even bigger and better.

Race founder Sir Robin Knox- Johnston, said: “I am particularly pleased Southampton is to host the start of the race. The city showed the enthusiasm that we like to see and it was obvious they really wanted to make this happen.”

Starting from Southampton, the route will take the yachts to Madeira, Rio de Janeiro, Cape Town, the west and east coast of Australia, New Zealand, Singapore, Qingdao, California, New York, Nova Scotia, Derry-Londonderry and the Netherlands before returning to an unconfirmed location on the south coast on July 22, 2012.

ABDS Chartered Certified Accountants of Southampton.
Tel: 023 8083 6900  E-mail: abds.marketing@netaccountants.net

For a full list of ABDS’ News Briefings go to: www.netaccountants.net

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