Connect with us

Hi, what are you looking for?


Change of course at Clipper Ventures as owners raise flag on company sale

The owners of Clipper Ventures will step back from running day-to-day operations as they look to put the company up for sale.

Founded in 1995, Clipper Ventures is the organisation behind the Clipper Round the World Yacht Race, one of the most famous amateur sailing competitions in the world.

The race restarted in March following a two-year hiatus due to the pandemic, with the 13th edition taking place next year.

“We are immensely proud of what the organisation has achieved to support the growth of participation in sailing, whether that’s through our 12 editions of Clipper Round the World Yacht Race, sailing events, sailing school or expedition teams,” said co-founder William Ward.

Ward will become executive chairman while co-founder Sir Robin Knox-Johnston will take over as non-executive director and president as they look to exit their shareholdings.

Sir Robin and Ward approached FRP Corporate Finance to help find their business a new home.

“With the support of FRP Corporate Finance, Sir Robin and I are looking for a custodian that shares our passion for sailing and adventure to take over the ownership, build on the legacy of the organisation and lead Clipper Ventures into the future,” Ward added.

Read more:
Change of course at Clipper Ventures as owners raise flag on company sale

    You May Also Like


    The head of the International Monetary Fund has warned of increased risks to the stability of the financial system after weeks of banking sector...


    1.22 billion people use Instagram every month. That’s a huge number of Instagrammers trying to hit it big on the platform all at the...


    Since the rise of online casinos, cybersecurity has become a major concern for both casino operators and players alike. The transactions that go around...


    Mark Zuckerberg has laid off more than 11,000 Meta’s employees, about 13 per cent of its global workforce, in what he described as “some...

    Disclaimer:, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2023 | All Rights Reserved