Oscar Mead Launches 199 Club to Raise Sponsorship Budget for Velux 5 Oceans 1

The Internet has done a lot for helping people to raise money. Raising sponsorship for yacht racing is a lot like raising money for political campaigns – once it required a couple of very rich friends, but now, technology allows those seeking funds to raise less from a larger number of people.

With most UK Open60 sailors looking for sponsorship, Oscar Mead has taken a lead from Barack Obama and has revealed a plan to raise the cash to compete in the VELUX 5 OCEANS by selling sailing days at £1000 a go.

19-year-old Mead has launched the Team Oscar Mead 199 Club, offering donors a once-in-a-lifetime sailing experience in return for funding. Unlike other ‘crowdsourced’ sponsorship schemes which offer a small space amongst hundreds on the side of the boat, or rely on charitable giving towards a cause, the 199 club gives people the opportunity to experience sailing aboard one of the most powerful and exciting offshore racing boats currently sailing.

In the past, Mead has been supported by ‘King of Shaves’ and in 2009 competed in the Fastnet race aboard an Artemis sponsored Open60. Oscar, the youngest skipper ever to compete in the VELUX 5 OCEANS, has already secured 40 per cent of his race budget from an unnamed sponsor. The 199 Club is an attempt to raise the remaining budget in six months.

Oscar said:

“This is truly a once in a lifetime opportunity for people to sail an Eco 60, not with a reef in on a corporate day out, but fast and furious as I train hard for the VELUX 5 OCEANS. In return for a small investment you will get the experience of your life onboard my yacht.”

Oscar hit the headlines last year after becoming, the youngest person ever to compete in the Original Singlehanded Transatlantic Race (OSTAR). He will put his yacht and powercraft design degree at Southampton Solent University on hold for a year while he takes part in the VELUX 5 OCEANS race.

Find out more at www.teamoscarmead.co.uk.

  • harry

    A very similar fund raising model was used by Derek Hatfield for Spirit of Canada, money donated got you the name on the boat and corporate sailing time. Derek still needed the final funding from a last minute sponsor (Algimouss). Hopefully with 40% already in place Oscar can carry this off, but it is a very very big target to try and reach. Good Luck to him.