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Yacht Racing Season Back on Tack: Time to take boat loan honours

After a COVID-19 interrupted 2020, many events on the yacht and sail racing calendar are back on track for 2021. A number of major yacht racing events have been announced so it’s time for boating enthusiasts to consider buying a new boat to compete or getting a suitable boat to be able to view the action up close on the water.

This coming summer is, hopefully, and COVID permitting, set to be a great time but with some stocks of boats limited, to ensure it’s a great time for YOU, now’s the time to consider your purchase. The round of boat shows is providing a great opportunity to see many of the new makes and models on the market to formulate your wish list. Interest rates are at historic lows BUT there are some predicted rates that may rise sooner than expected. The stars are aligned for a great time to buy that new boat for the coming race season.

Sydney to Hobart Yacht Race 2021 Announcement

Noel Cornish, the Commodore of the Cruising Yacht Club of Australia, the organisers of the annual bluewater classic, the Sydney to Hobart, has posted the official Notice of Race for the 2021 event. So entries are open for the 77th running of the event and arguably the most coveted trophy in sailing.

The 2021 event sees the inclusion of two-handed yacht crews. This type of sailing has been included in the 2024 Olympics and many sailors will no doubt be looking to the S2H as important training.

For those interested in entering the 2021 Sydney to Hobart, you will need to qualify by having competed in one of the nominated events. These include Sydney to Gold Coast Race; Cabbage Tree Island Race; Maria Island Race; Melbourne Stanley Race; Tollgate Islands Race; Brisbane to Keppel Race; Haystack Race; Fremantle to Geraldton; Brisbane to Hamilton Island Race; and Hong Kong to Vietnam Race. Click here for more information.

If one of those yacht races is within your sights, talk to us about finance to acquire a suitable boat to compete. Our loan portfolio is available for the purchase of many types of yachts and sailing boats including those used in competition.

The Sydney to Hobart gets underway on Sydney Harbour on 26 December with a flotilla of watercraft usually viewing the spectacle from the water. So if competing is not your thing but spectating definitely is, talk to us about a loan for a suitable boat to watch the action.

December is not that far away, so start planning your route to a new boat with great finance now.

SailGP Returns to Australia

On June 16, SailGP announced that Sydney Harbour will once again be the location for the Australian event in their global championship. To be held over December 17-18, just a week prior to the Sydney to Hobart start, the event is an incredible spectacle featuring 8 teams of 50 foot flying catamarans representing national teams.

These amazing technologically advanced craft can reach speeds of up to 100 kph, making for a sensational spectacle and breathtaking racing.

Highly decorated Australian sailor, Tom Slingsby will be one of the sailors competing. He has an Olympic gold medal and won Season 1 of the GP and will be looking for revenge over the British team after losing to them in the last Sydney event.

Thousands of spectators line the harbour foreshores and on the water to watch this event and 2021 is shaping up as another great sailing event for the iconic harbour. Destination NSW, a Government department, joins SailGP as the Official Host Venue Partner and a range of experiences for fans is scheduled.

While the action will be on the main harbour, an event ‘village’ will be set up at Barangaroo and teams hosted at nearby White Bay. Tickets go on sale in August at https://sailgp.com/races/australia-sail-grand-prix-event-page/

Getting a boat loan to compete or view the action up close

Watching sail racing live is a great experience and the upcoming racing calendar, both in Sydney and in the qualifying events across Australia, presents plenty of opportunities to take in the action. But you’re going to need the right boat.

If you’re planning to head onto the water to watch the race you’ll need a suitable boat with plenty of space and facilities for yourself and to entertain all the friends and family that will no doubt want a guernsey.

Consider a boat that is not only large enough to accommodate your expected numbers but also has the stability and features to handle choppy conditions. If for example, you plan to be on the water for the start of the Sydney to Hobart, it can be quite tricky in the spectating flotilla. Heading off to chase the fleet out the heads and down the coast can involve choppy water conditions and safety is paramount.

Jade Boat Loans provides loans for all types of boats and we can include many of the extras and accessories you may want in the one loan. These extras may include a RIB or tender for a large cruiser, extra life jackets, electronics, trailer or an upgraded outboard.

With our no deposit boat finance feature, the entire purchase price can be included in the loan. So get planning now to ensure you take loan honours to come to the start of the race season. Using our boat loan calculator to receive estimates on repayment options can be very helpful when it comes to sourcing the best deal.

Contact us 1300 000 003 for a cheaper boat loan quote.

DISCLAIMER: THE INFORMATION AND SPECIFIC DETAILS CONTAINED IN THE CONTENT OF THIS ARTICLE HAVE BEEN PREPARED AND ARE PRESENTED PURELY AS GENERAL INFORMATION AND NOT INTENDED AS THE ONLY SOURCE OF FINANCIAL ADVICE FOR BOAT BUYERS AND LOAN BORROWERS. FOR THOSE THAT CONSIDER THEY REQUIRE SPECIFIC ADVICE, THEY SHOULD CONSULT WITH A FINANCIAL ADVISOR. LIABILITY IS NOT ACCEPTED IN REGARD TO ERRORS AND MISPRESENTED DATA AND DETAILS HEREIN.

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