HomeNewsSponsorship & MarketingSailingGlobal

World Sailing renews with Rolex, earmarks new sponsorship revenue to repay IOC loan

World Sailing, the world governing body of the sport, has extended its long-running sponsorship with the Swiss watchmaker Rolex and intends to bring in new sponsorship revenue of at least £1.5m (€1.67m/$1.94m) between 2021 and 2024 to help pay back a loan from the International Olympic Committee.

The renewal was announced ahead of a financial report delivered at World Sailing’s general assembly held yesterday (Sunday).

You need to have an account to access our content

Find out more about our news, features and services

Already have an account? Sign in here