The Argo Group Gold Cup, one of the most storied match racing regattas in the world that has been won by the luminaries of the Americas Cup arena, will rejoin the World Match Racing Tour for its 70th competition next year, scheduled May 11-16, 2020.
Event organizers at the Royal Bermuda Yacht Club are also pleased to welcome back Argo Group, an international underwriter of specialty insurance and reinsurance, as the title sponsor. An expected field of 12 teams will battle for the King Edward VII Gold Cup, the oldest match racing trophy in the world for competition involving one-design yachts that dates to 1907, and a $100,000 prize purse.
The Argo Group Gold Cup has long been coveted by skippers and crews around the world, and we couldnt be more excited to welcome back Argo Group and to rejoin the World Match Racing Tour, said Leatrice Oatley, the event chairperson and a Past Commodore of the Royal Bermuda Yacht Club.
Argo Group returns as the title sponsor for the 11th time, renewing a longstanding tradition of supporting community and sporting events on Bermuda, the picturesque British island territory in the North Atlantic Ocean.
We are thrilled to continue as title sponsor of the Argo Group Gold Cup, said Argo Group CEO Mark E. Watson III. Argos support of this prestigious match race demonstrates our ongoing commitment to Bermuda. Supporting this event is also a natural extension of Argos commitment to innovation, teamwork and sustainability. Like the elite athletes who compete in the Argo Group Gold Cup, we know that rewards come only to those who overcome risks through innovation, approach risks as a team, and manage risks in ways that respect our environment.
The Argo Group Gold Cup rejoins the World Match Racing Tour after a four-year hiatus.
I am delighted to welcome back the Argo Group Gold Cup as an official event of the World Match Racing Tour, said Executive Director James Pleasance, a tour principal since 2002. The Argo Group Gold Cup has a longstanding history as a flagship event of the World Match Racing Tour and is a favorite of match racing teams all over the world. We look forward to working with the Royal Bermuda Yacht Club, Argo Group and their partners again next year.
Earlier this year, Ian Williams of Great Britain became the 12th multiple time winner when he defeated Johnie Berntsson of Sweden in the final. For Williams it was his second title in Bermuda and ranked him alongside luminaries such as Ben Ainslie of Great Britain, Taylor Canfield of the U.S. Virgin Islands, Chris Dickson of New Zealand and Berntsson as two-time winners.
Invitations to the 70th Argo Group Gold Cup will be issued later this year.