Terra Nova Trading Key West 2003

Jan 7, 2003 --

THE NEXT BEST THING TO A WORLD CHAMPIONSHIP OF SAILING

Oct. 29, 2002 --

Fall Colors Signal Tune Up Time for Key West

Dec. 9, 2002 --

Key West on Christmas Lists Around the World

Aug. 1, 2002 --

Forecast Calls for Another Sensational Key West Regatta -- Terra Nova Trading Returns in Title Sponsor Role

THE NEXT BEST THING TO A WORLD CHAMPIONSHIP OF SAILING

KEY WEST, Fla.---There is no overall world championship of sailboat racing, but Terra Nova Trading Key West 2003 may come close in its 16th running Jan. 20-24.

With 47 of the 287 entries from a record-matching 20 foreign countries, event director Peter Craig has been able to organize a powerful fleet of 10 international teams to compete for the Key West Trophy. Each of a team's three designated boats will race in its own one-design class as well as participating in cumulative scoring for the trophy.

The three types of boats are Farr 40, Mumm 30 and Melges 24. The format, now in its seventh year, is similar to what the Admiral's Cup was when it was recognized as the "unofficial championship of offshore sailing." Key West is inshore, but each of the three types of boats, some with partly professional crews, is deeply international and highly competitive in its own right.

"Each year the international team competition generates more excitement," Craig said. "It unites teams and competitors in the week-long contest. What was loosely modeled after the Admiral's Cup in Cowes, England has become a Key West tradition."

Bob Hughes' Farr 40, Heartbreaker, from Holland, Mich., is returning to lead the USA Great Lakes team in defense of the title it wrested from the three-year grip of Italy. Teammates will be Jeff Dieman's Mumm 30, X-Press Cartel, from Chicago, and Brian Porter's Melges 24, Full Throttle, Lake Geneva, Wis.

Competition will include the new Farr 40 world champion, Steve Phillips of Annapolis, Md., sailing Le Renard for the USA Chesapeake team, and Italy's Flavio Favini, who won the delayed 2001 Melges 24 world title at Key West last year, driving Franco Rossini's Blu Moon as a member of the German team.

That trio also features Wolfgang Schaefer, with his Farr 40, Struntje light, and Bent Dietrich's Mumm 30, b.

The Mumm 30 Worlds runner-up, Pierpaolo Cristoforis Printel-Wind, will be part of an Italian team that includes America's Cup campaigner Vincenzo Onorato on his Farr 40, Breeze.

Other teams will represent Australia, Europe A and B, The Netherlands, Canada and a third US team - Team Northeast. The complete lineup and all individual entries are posted at www.Premiere-Racing.com.

The Farr 40s also will have their own intramural dogfight as some of the world's best sailors match tactical wits for owners who must drive. Gavin Brady, Vince Brun, Terry Hutchinson and Jesper Bank are among those fresh from the America's Cup, along with Paul Cayard, who was compelled to sit it out under contract to Larry Ellison's Oracle team, and new Star world champion Iain Percy, on Struntje light. The tacticians also are listed on the Web site.

The regatta, with nine races scheduled over five days, also has its first Russian entry in recent years: Vladimir Buteivko's Melges 24. Buteivko lives in California but will have an all-Russian crew, with Artiom Soloveychik on the tiller. Soloveychik sailed at Key West in 1998.

A UK team led by David Lavelle and admitting to "middle age" will race the chartered Farr 65 Juno in PHRF 2 with an informal match race against Formula1 Sailing sister ship Spirit of Minerva on the side. The latter is chartered by John Boyle, who will have some 20 fellow Chicagoans on board.

Canada, with 10 boats, is the largest foreign group, followed by Great Britain with nine. Domestically, 30 states are represented, led by Florida with 34, Illinois, 29; New York, 23; Texas and California, 20 each; Maryland, 15, and Michigan, 14.

Sponsors include Terra Nova Trading L.L.C., Mount Gay Rum, RealTick(r), Lewmar Marine, Nautica Watches, Nautica Eyewear, Pearson Yachts, Samson Rope Technologies, Saucony and the Florida Keys & Key West Tourist Development Council. The Historic Seaport at the Key West Bight is the Official Site.

The Performance Sailing Industry Partner Program is in its second year, with 24 members at press time. Participating companies and details about the program are on the event web site.

Racing is scheduled Monday through Friday, Jan. 20-24, on four circles off the south shore of the island. Registration is on Sunday, Jan. 19. The regatta is open to entries in PHRF, one-design and IMS classes of 24 to 85 feet LOA. PHRF entries must have a rating of 175 or lower.
Media event registration information is available on the event web site.

Dec. 9, 2002 -- KEY WEST ON CHRISTMAS LISTS AROUND THE WORLD
-- Another Strong International Fleet Prepares for January Racing

KEY WEST, Fla.---Let's see, tie for dad, cookbook for the mother-in-law, gloves for the sail trimmers and entry form in the mail for Terra Nova Trading Key West 2003. That ought to do it.

So goes the holiday list for the world's most serious sailors this side of Auckland who plan to race in the 16th edition of the premier winter regatta Jan. 20-24. Most will have filed before the early entry deadline of Wednesday, Dec. 11 at 1700 EST (fees increase thereafter). The current entry list is on the event Web site.

New "names" to be reckoned with are Steve Phillips of Arnold, Md., and Deneen Demourkas of Santa Barbara, who finished a surprising one-two in the recent 2002 Rolex Farr 40 Worlds in the Bahamas. Earlier, Phillips has been better known for his success in a J/105.

Robert L. Johnstone of J/Boats pointed out, "In September he also won the 2002 J/105 North American Championship in Chicago in a 50-boat fleet, after winning at Annapolis in 2000. Combine that with the Farr 40 Worlds and you'd have to say that he's topped two of the most competitive owner/driver one-design classes one could sail in."

Time will tell, but Phillips, CEO of the Phillips Seafood Empire, has been on a steep learning curve. He placed 16th among 25 Farr 40s at Key West last January when he first took on this international class.

He had San Diego's Mark Reynolds, the Star boat supremo and ISAF World Sailor of the Year in 2000, as his tactician, although Reynolds will sail on Philippe Kahn's Melges 24 at Key West. Other Farr 40s will pick from the usual pool of world-class tacticians including Paul Cayard, Ian Percy, Robbie Haines, Stu Bannatyne and Chris Larson, to name but a few.

Even without Phillips, the J/105s will present an exceptionally strong turnout of perhaps 30 boats, including Gigi, David Wagner's entry from Chicago that finished third last January. He also was second in the Chicago NOOD Regatta and second in the solo Chicago-Mac race in June, although he isn't a dedicated weekend warrior.

"I only race the boat three weekends in the summer and two in the winter," Wagner said. "I have two little children, so I mostly cruise with the family. But it's better to do a little racing rather than none at all, especially when you can do it at incredible venues like Key West."

The number of J/105 entries will be topped only by the Melges 24s. Overall, J/Boats will comprise three classes---J/105, J/80 and J/29---with more than a light sprinkling of other J/Boats throughout the PHRF fleets. All told, they’re about one-fourth of the total entry list.

The Melges fleet will be bolstered by two entries from the Team Pegasus stable---Kahn and Reynolds on one and Kahn's 13-year-old son Samuel, a.k.a. "Shark," on the other.

The international aura continues to grow with competitors from 15 countries and others facing free time as the Louis Vuitton Cup challenger trials for the America's Cup continue. Italy's Vincenzo Onorato has already changed plans following the elimination of Mascalzone Latino, which also freed up tactician Flavio Favini, who won the delayed 2001 Melges 24 world championship at the regatta last January.

Onorato and his Farr 40 Mascalzone Latino team (translation: "Latin Rascal") have chartered Breeze. Favini, helming again for Franco Rossini meets the new Melges 24 ruling duo, Harry Melges and Jeff Ecklund, on another of four race courses.

One-design classes include the 1D35, Farr 40, J/105, J/80, J/29, Mumm 30, Melges 24 and Corsair 28R trimarans. The Tartan Tens and Henderson 30s have built their numbers to one-design "sub-class" status this year - competing as groups within a PHRF class.

The PHRF presence remains strong, enhanced by the recent entry of Andrew Fisher's Swan 56, Vanish 2, from Greenwich, Conn. Santa Cruz 70s---Steve Gagne’s Renegade and Bill Alcott’s Equation---are at one end of the scale.

John Burgess' Wavelength 24, Outtasight, from Gulfport, Miss. is at the other. In between there’s the Transpac 52s, a new Farr 36 and the returning PHRF Boat of the Week, Othmar Mueller von Blumencron’s Beneteau 1st 40.2 Dame Blanche.

Sponsors include Terra Nova Trading L.L.C., Mount Gay Rum, RealTick(r), Lewmar Marine, Nautica Watches, Nautica Eyewear, Pearson Yachts, Samson Rope Technologies, Saucony and the Florida Keys & Key West Tourist Development Council. The Historic Seaport at the Key West Bight is the Official Site.

The Performance Sailing Industry Partner Program is in its second year, with 24 members at press time. Participating companies and details about the program are on the event web site.

Racing is scheduled Monday through Friday, Jan. 20-24, on four circles off the south shore of the island. Registration is on Sunday, Jan. 19. The regatta is open to entries in PHRF, one-design and IMS classes of 24 to 85 feet LOA. PHRF entries must have a rating of 175 or lower.

For more information, contact: PREMIERE RACING, Inc., 67B Front Street, Marblehead, MA, 01945, Tel: (781) 639-9545, Fax: (781) 639-9171

Event Email: KWInfo@Premiere-Racing.com

Oct. 29, 2002 -- Fall Colors Signal Tune Up Time for Key West
- Entries Building from Across U.S. and Abroad

KEY WEST, Fla.---When the autumn weather turns the leaves to flame, sailors
have no time for the waiting game. Across North America and around the
world, they're making preparations for Terra Nova Trading Key West, the
premier winter regatta.

Among the early entries, which are on pace to see a third consecutive 300+
boat fleet, is Dr. Wolfgang Schaefer of Kiel, Germany, who has blood in his
eye.

"I am coming back," said Schaefer, whose Farr 40, Struntje light, came on
strong with first and second-place finishes in the last two races last
January to place third in the marquee class. Farr 40 owners must drive their
boats, but Schaefer has added impressive brainpower to his afterguard: Iain
Percy of Britain, the new Star class world champion and 2000 Olympic gold
medallist in the Finn class.

"We did the European circuit and the European championship in Porto Cervo
where we finished second," Schaefer said, "losing the championship in the
last race."

Struntje light will try to wrest the title from the three-year grip of Greek
banker George Andreadis' Atalanti XI. The Farr 40s should be on their games
following their world championship in the Bahamas in November. Always an
outstanding tacticians' showcase, Key West's Farr 40 class will feature the
likes of Paul Cayard on John Kilroy's Samba Pa Ti and Andreadis' Robbie
Haines.

They'll be joined by Holland's Peter De Ridder, the longtime "Mean Machine"
campaigner in many classes making his Farr 40 debut.

Schaefer, who operates a medical clinic in Lueneburg, near Hamburg, also is
a member of the management committee of the Offshore Racing Council and the
Offshore Committee of the International Sailing Federation (ISAF).

Others coming from abroad include Italy's 1-2 finishers in September's Mumm
30 Worlds, Guiseppe Abba's Alina and Paolo Cristofori's Printel Wind, and
Britain's Jamie Lea, Rob Smith and Stuart Rix, currently the top three in
the Melges 24 world rankings.

Domestically, a flood of boats will be hitting the Interstate highways east
and south. The J/105 class, led by Robert Johnstone's two-time defending
champion, Tern 7, from Charleston, S.C., will need extra parking space for
30 or more trailers.

Invited one-design classes include the 1D35, Farr 40, J/105, J/80, J/29,
Mumm 30, Melges 24 and Corsair 28R trimarans. J/120's and Tartan Ten's are
working to build their numbers to one-design class status this year. The
current entry list is available on the event web site.

Corsair Marine is offering special incentives. The company will pay the
entry fee for a 28R ordered before Nov. 30 and also buy new sails for the
first two of those orders.

Handicap racing promises some great matchups.

Mike Campbell's dark blue Victoria 5 is one of three Transpac 52s, along
with Roger Sturgeon's Rosebud and David Janes's J-Bird III, making their
East Coast debut and bent on showing the rest of the world the reason for
all the West Coast excitement about the new class.

Britain's Markus Fiala, who will be racing Tazo, one of the new Farr 36s.
Two have been built---Farr International's President Geoff Stagg owns No.
1---and both are entered. Two more may race at Key West if they're built in
time.

Sponsors include Terra Nova Trading L.L.C., Mount Gay Rum, RealTick(r),
Lewmar Marine, Nautica Watches and Eyewear, Pearson Yachts, Samson Rope
Technologies, Saucony and the Florida Keys & Key West Tourist Development
Council. The Historic Seaport at the Key West Bight is the Official Site.

The Performance Sailing Industry Partner Program is in its second year, with
22 members at press time. Members and details are on the event web site.

Racing is scheduled Monday through Friday, Jan. 20-24, on four circles off
the south shore of the island. Registration is on Sunday, Jan. 19. The
regatta is open to entries in PHRF, one-design and IMS classes of 24 to 85
feet LOA. PHRF entries must have a rating of 175 or lower. The entry limit
is 350, and the first entry deadline is Dec. 11 at 1700 EST.

High-resolution action photographs taken by Official Photographer Walter
Cooper at last January's regatta are available to qualified media for
pre-event coverage. Please contact Rich Roberts.

Media event registration information is available on the event web site.

Aug. 1, 2002 -- For Immediate Release

Forecast Calls for Another Sensational Key West Regatta
- Terra Nova Trading Returns in Title Sponsor Role

KEY WEST, Fla.---Numbers don't lie. Consecutive years of more than 320 entrants point to big numbers and superb competition at Terra Nova Trading Key West 2003 Jan. 20-24.

The remarkable turnout earlier this year on the heels of the devastating 9/11 tragedy suggests that the 350-boat limit will need enforcing. Many of the world's best sailors will be returning to America's southernmost point at the tip of the Florida Keys.

The event traditionally features familiar and formidable personalities performing with the latest designs and technology. Top tier professional race management and another shoreside extravaganza is guaranteed with the electronic trading leader Terra Nova Trading returning as title sponsor to North America's largest inshore sailing event.

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®, which is also a Key West sponsor. RealTick® caters to both institutional and retail brokerage clients.

"From our perspective as title sponsor and participant last January, the event met or exceeded all of our expectations and built on its reputation as the best regatta in the U.S.", said Chris Doubek, president of Terra Nova Trading. "A commitment to success and team effort are hallmarks for Terra Nova Trading, Premiere Racing and this internationally renowned event."

Early indicators suggest strong coast-to-coast representation plus a heavy global presence. The last event drew a record 54
foreign boats from 14 countries.

The owner-driven Farr 40 and Mumm 30 classes are expecting greater than normal turnouts with their respective world championships on North America's East Coast waters later this fall. One-design racing isn't the only game in Key West, however. The venue also offers the ideal test track for IMS and PHRF designs. More than 100 PHRF boats battled in nine closely contested classes last year.

Event manager Premiere Racing, Inc. is pleased to announce returning sponsors Mount Gay Rum, RealTick®, Lewmar Marine, Samson Rope, Pearson Yachts, the Florida Keys & Key West Tourist Development Council, and the Historic Seaport at the Key West Bight. The Performance Sailing Industry Partner Program, a new initiative last year, will again feature industry leaders who have made multi-year commitments to a regatta that is an important event on the industry calendar.

"Support from our sponsors and partners play a critical role in enabling Premiere Racing to produce an event with standards that match the competition on the water", said Peter Craig, race chairman and event director. "With the continued participation of Terra Nova Trading, our sponsors and industry partners, we can continue our commitment to set the standard that makes Key West the number one choice for racing sailors everywhere."

Racing at Terra Nova Trading Key West 2003 is scheduled Monday through Friday, Jan. 20-24, with registration on Sunday, Jan. 19. The regatta is open to entries in PHRF, One Design and IMS classes of 24 to 85 feet LOA. PHRF entries must have a rating of 175 or lower. The entry limit is 350, and the deadline is Dec. 11 at 1700 EST.