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Rolex Extends Sponsorship of Miami OCR for Seven Years

June 17, 2002 (Portsmouth, R.I.) – US SAILING, national governing body for the sport, has announced that long-time supporter Rolex Watch U.S.A. will extend its Miami regatta sponsorship for the next seven years. Inaugurated in 1990 and sailed on Biscayne Bay, the event is the USA’s premier international one-design regatta that utilizes Olympic and Paralympic boats and consistently attracts top sailing talent from around the globe. Organized by US SAILING’s Olympic Sailing Committee (OSC), it is an ISAF grade one ranking event as well as a mandatory ranking event for both the US Sailing Team and the US Disabled Sailing Team. The 2003 Rolex Miami OCR is scheduled for January 28-February 1.

“Rolex’s commitment to this regatta began this year when the company became title sponsor of the 2002 Rolex Miami OCR,” said OSC Chairman Fred Hagedorn (Chicago, Ill.). “An agreement is now in place for an additional seven years, through February of 2009. That’s incredible when you consider the time span is inclusive of both the 2004 and 2008 Summer Olympic Games. It provides a stability that encourages the best sailors in the world to faithfully commit to this regatta. In turn, this country’s athletes are guaranteed exposure to top international competition on these shores.”

The Rolex Miami OCR already enjoys a reputation for competitive excellence, with many national and international sailors considering it a prime training opportunity. Over the past 13 years, 53 countries have been represented, with an annual average of 404 sailors competing.

“We recognize the significant impact the Rolex Miami OCR has on the development of elite athletes in this country,” said Rolex Watch U.S.A. President and CEO Walter Fischer (New York, N.Y.). “It is our intention to support US SAILING in their efforts to continually improve the regatta and build on its size and international stature.”

Rolex Watch U.S.A. has been a sponsor of the US Sailing Team since 1985 and the US Disabled Sailing Team since 1998.

The Notice of Race for the 2003 Rolex Miami OCR will be available Oct. 1, 2002. For additional information, visit ussailing.org/Olympics/RolexMiamiOCR/

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