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Alpari World Match Racing Tour Cancels Portugal Event Jul 09

Organisers of the Portimão Portugal Match Cup, have announced that Portugal has been removed as a venue for the 2012 Alpari World Match Racing Tour calendar. Struggling under increasing financial pressure, it is likely that lack of sponsorship from governmental authorities and commercial partners is to blame for the late withdrawal of the host venue. Unlike other sailing events, the Alpari World Match Racing Tour events require a great deal of money to organise and maintain, especially when racing boats must be provided for competing teams. Portugal is not the only European country struggling, which begs the question whether further host venues will find themselves in similar financial difficulty along the line.

Alpari World Match Racing Tour representatives stated:
“The decision to cancel the 2012 Portimão Portugal Match Cup follows lengthy discussions between the Tour and Sun Sailing Team where both parties sought a solution to retain the event. Unfortunately, the funding for the event has been severely impacted by the current economic situation in Portugal and some of the key funding partners are unable to commit their support to the regatta this year. The Tour looks forward to hopefully welcoming the Portimão Portugal Match Cup back into the series in 2013.”

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Despite the tour’s loss of another European host venue, tour organisers and participants are welcoming the involvement of the USA for the first time in 2012. New venues in Europe and beyond are anticipated to be announced for the 2013 tour.

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