J.P. Morgan Asset Management will add to their sailing sponsorship portfolio by becoming the title sponsor of the Finn Gold Cup 2012. The company, which sponsors the Round the Island Race and British Olympic sailor Ben Ainslie, will support the Falmouth Finn Festival, which includes both the British National Finn Championship and followed by the Finn Gold Cup.
The Finn Gold Cup is the annual World Championship of the Finn Class, and also has a bearing upon Olympic selection for some nations. The Gold Cup fleet can be as many as 100 boats. The British National Finn Championship, the annual championships of the British Finn Association, will precede the Gold Cup and hopes to attract 40 – 50 boats from across the UK.
Roger Thompson, Head of J.P. Morgan Asset Management UK, said:
“We’re delighted to announce our title sponsorship of the Falmouth Finn Festival 2012. We’ve been involved in sailing for the last seven years as title sponsor of the J.P. Morgan Asset Management Round the Island Race and we are also in our 5th year as title sponsor of Ben Ainslie supporting his bid to win a fourth gold medal at London 2012, so today’s announcement further confirms our commitment to the sport. J.P. Morgan Asset Management’s involvement in sailing continues to be thoroughly rewarding, not just in terms of our brand but also in helping us connect with our existing and potential clients. To be involved in an event like the Falmouth Finn Gold Cup with the best sailors in the world competing is an honour and we hope our support can make the event a great success.”
The J.P. Morgan Asset Management Finn Festival in Falmouth Bay, where Ben Ainslie began sailing. Ainslie is also a member of the Royal Cornwall Yacht Club (RCYC) which will organise the event. He commented at the announcement of the sponsorship:
“It’s fantastic that the Royal Cornwall Yacht Club have won rights to host the Finn Gold Cup and have a title sponsor in J.P. Morgan Asset Management onboard. The Gold Cup is one of the most respected events in the dinghy calendar, which I’ve competed in on numerous occasions and have also been lucky enough to win. I first started sailing in these waters and some of my family still live in the area, it fills me with great pride that Cornwall will get to show off her excellent sailing facilities, I’m looking forward to competing in May 2012”
Peter Collett Commodore of RCYC, thanked J.P Morgan Asset Management for their support as well as other partners of the Finn Festival:
“The Royal Cornwall Yacht Club is extremely pleased to be hosting the J. P. Morgan Asset Management Finn Festival in 2012. The Finn Gold Cup has not been contested in this country for many years and will arguably be the most prestigious and competitive regatta ever to be sailed in Falmouth Bay. We are excited to have the opportunity to welcome a host of sailors from all over the world to our wonderful sailing waters in Falmouth. We are delighted to have our title sponsor onboard; the event could not take place without J.P. Morgan Asset Management support. We would also like to thank other generous partners including Cornwall Council, Cornwall Development Company/VisitCornwall, Falmouth Town Council, GUL International, Cornwall Ferries Ltd, Falmouth Harbour Commissioners, Falmouth Watersports Centre, National Maritime Museum Cornwall and Falmouth Festivals Ltd”.
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