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TERRA NOVA TRADING KEY WEST 2004
Presented by Nautica
Jan. 19-23, 2004 www.Premiere-Racing.com

Jan. 18, 2004 For Immediate Release

NORTH SAILS WEATHER
Monday: Wind 15, gusts to 20; possible showers/squalls morning through early afternoon, then lulls to 10.

BOUNTIFUL BREEZE AWAITS 301 BOATS WHEN RACING STARTS MONDAY
Crocodile Rock, Zuni Bear Among Dozen Winners Returning to Key West

KEY WEST, Fla.---She's been rocked and rolled and bashed by a boom, but the tough little lady from Santa Barbara, Calif. is back for Terra Nova Trading Key West 2004, presented by Nautica, as the defending champion in the slambang international Farr 40 class.

"That sounds really good!" Alexandra Geremia said. "It has been pretty wild."

Her Crocodile Rock, with co-owner Scott Harris of San Diego at the helm and North Sails' Vince Brun calling tactics, is one of a dozen returning class winners and 301 boats overall scheduled to start five days of racing Monday at 10 a.m., conditions permitting---and conditions could be exhilarating.

The North Sails weather briefing by meteorologist Chris Bedford offered this week-long synopsis: "The cold front marching east across the Gulf of Mexico Sunday night is forecast to move through during the day on Monday. After an unsettled day with multiple shifts and an increase in pressure from the NW on Monday, conditions should settle with high pressure moving north of Florida Tuesday through Wednesday.

"After moderate winds continue through Tuesday, lighter conditions are forecast for Wednesday and most of Thursday before the next front arrives and brings potentially strong NW winds on Friday."

Hang on-it could be the best test of sailing anywhere in the world this week.

More than 3,000 sailors have come from 18 countries and 32 states to this quaint little island town that is the southernmost point in the continental United States. The schedule calls for nine races in each of the 10 one-design and 11 PHRF handicap classes. Four race courses are spread out over 10 miles along the south side of the island between the beach and a reef five miles offshore that minimizes the influence of the Gulf Stream flowing west to east. The water temperature is 70 degrees.

This year's event, the 17th in the series now organized by Premiere Racing, Inc., will mark the debuts of the Swan 45s and C&C 99s, who have massed enough boats to rate as classes of their own---and, especially for the Swans, that's class with a capital C. As in the Farr 40 and some other one-design classes, owners must drive. The crew lists of the nine Nautor-built luxury racers are sprinkled with talent such as Ed Baird, Brad Read, Murray Jones, Dee Smith, Howie Shiebler, Butch Ulmer, Steve Benjamin, Kevin Burnham and Leonardo Ferragamo, the Nautor Swan chief who is skipper of Courdileone.

That world-class name-dropping rivals the lineup of tacticians in the Farr 40s, which includes, besides Brun, Robbie Haines, Terry Hutchinson, Adrian Stead, Chris Larson, Kimo Worthington, Eric Doyle, Tom Whidden and John Cutler. Hutchinson will be working with his right arm in a sling after suffering an elbow injury in his Star boat last weekend.

Also, two America's Cup principals---Alinghi tactician Brad Butterworth and Oracle helmsman Peter Holmberg, now with Alinghi---are tacticians for Daniel Meyers' Taylor 49, Numbers 97, in PHRF 2 and Tom Hill's R/P 75, Titan 12, in PHRF 1, respectively.

With its 2003 victory, Geremia's Crocodile Rock ended Atalanti XII's three-year win streak. Greek businessman George Andreadis is back hoping to reclaim honors, but the fleet is traditionally a wide-open scramble. At last year's class Worlds in Sardinia, for example, Geremia was struck on the head when rival Barking Mad's boom swept the deck of her boat.

"It just grazed me," she said. "Didn't bleed much. But we lost our lifelines and had a couple of little holes in the boat. We still had two firsts and a second for the week. We're back here with the same crew, same everything. We think we're better after another year of sailing."

Another headliner returning is Richard Bergmann's well-traveled Zuni Bear from San Diego, winner of the rambunctious J/105 class and the Terra Nova Trading Trophy as Boat of the Week for winning the most competitive class last year.

Other 2003 one-design winners back on the scene:

Franco Rossini's Melges 24, Blu Mun, from Switzerland, driven by former world champion Flavio Favini of Italy. The talent runs deep in the 58-boat fleet, including the current 14-year-old world champ, Samuel (Shark) Kahn of Santa Cruz, Calif., and Dawn Riley, with an all-woman crew from Detroit.

Bob and Doug Harkrider's Corsair 28R trimaran, Bad Boys, from Belvedere, S.C.

Craig and Martha White's J/80, Warrior, from Ft. Worth, Tex.

John Edwards' J/29, Rhumb Punch, from Solomon, Md.

Chuck Simon and Bill Buckles' Tartan 10, Liquor Box, a hometown Key West entry.

PHRF winners returning:

Roger Sturgeon's Transpac 52, Rosebud, from San Francisco, in PHRF 1.

New Wave, Michael Carroll's Henderson 30 from Clearwater, Fla., in PHRF 4.

Jeff Gastreau and Brian Lees' Nelson/Marek 30, Invincible, from Annapolis, which won PHRF 7 last year and is in PHRF 9 this time.

Jim Hightower's Farr 37, Hot Ticket, from Houston, Tex., in PHRF 8.

Rumblefisch, Peter Fischel's J/24 that has been chartered by Chuck Collins of Charleston, S.C. this year, in PHRF 10.

Collins laughed when he said, "I don't think it will be a repeat this year. All of us are pretty unfamiliar with a J/24. A C&C 40 is our normal boat."

Title Sponsor, Terra Nova Trading, L.L.C. (member NASD, SIPC & PCX), is recognized as an innovative leader in Electronic Direct Access Trading. The Chicago-based firm enables customers to electronically route orders to major markets and ECNs. Terra Nova Trading's technology partner, Townsend Analytics, Ltd., is the developer of the premier real-time trading platform, RealTick(r), which is also a Key West sponsor.

Nautica has upgraded its role to the Presenting Sponsor level. The winners of the International Team Competition will receive the Nautica Trophy. Ten international teams composed of a Farr 40 and a Melges 24 will be scored as pairs. Italy has won four of the last five years.

Mount Gay Rum, Lewmar, Samson Rope Technologies, Pearson Yachts, Raymarine and the Florida Keys and Key West Tourist Development Council round out the official line-up. The Historic Seaport is the Official Site for the event. The Performance Sailing Industry Partner Program, now in its third year, features 26 companies that have made a multi-year commitment to the event.

Entry documents, planning information and the current entry list are available on the event web site: www.Premiere-Racing.com.

CONTACTS

PREMIERE RACING, Inc. 67B Front Street, Marblehead, MA, 01945
Tel: (781) 639-9545, Fax: (781) 639-9171
Event Email: KWInfo@Premiere-Racing.com
Event Web Site: www.Premiere-Racing.com
Terra Nova Online: www.TerraNovaOnline.com

PRESS OFFICER
Rich Roberts
(310) 835-2526
rich@earthlink.net

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