Sponsorship for gear is the way to go. We outfitting out boat with a completely new set of sails through sponsorships. You'll have a hard time finding sponsors willing to pony up cash your first couple years to be honest.

Which brings me to another point. Our BIGGEST sponsors were our FAMILIES AND FRIENDS. Don't leave them out when you go looking for money. Burn a copy of BK's promo to a CD, send it to them, show them what the race is all about and why its so special. I promise that you'll rake in a fair amount of expenses doing that.