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Atlantic 1000 #27642
01/09/04 04:30 PM
01/09/04 04:30 PM
Joined: Oct 2003
Posts: 248
Colorado
SteveT Offline OP
enthusiast
SteveT  Offline OP
enthusiast

Joined: Oct 2003
Posts: 248
Colorado
Octagon Sailing, the organization that markets several major regattas and sailing syndicates including the Acura SORC, One World Challenge, Around Alone, The Round Britan Challenge and others is listing the Atlantic 1000 as one of its projects. (http://www.acurasorc.com/octagon/index.html)

Have the Tybee and Outer Banks organizers signed on with this company to market the event. It seems like a great move that could do for the race what Worrell was never able to accomplish.



H-20 #896
-- Have You Seen This? --
Re: Atlantic 1000 [Re: SteveT] #27643
01/09/04 04:50 PM
01/09/04 04:50 PM
Joined: Nov 2002
Posts: 5,558
Key Largo, FL & Put-in-Bay, OH...
Mary Offline
Carpal Tunnel
Mary  Offline
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Key Largo, FL & Put-in-Bay, OH...
I have never heard of Octagon, but did you see their "Sailing Demographics"? According to them, the median net worth of a sailor is $1,013,986.

Not Atlantic 1000 [Re: SteveT] #27644
01/09/04 04:58 PM
01/09/04 04:58 PM
Joined: Dec 2003
Posts: 1,066
Wellington, FL-Singer Island, ...
cyberspeed Offline
old hand
cyberspeed  Offline
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Joined: Dec 2003
Posts: 1,066
Wellington, FL-Singer Island, ...
but Adventure 1000. They are referring to the Worrell 1000.


craig van eaton
Supercat 20
TEAM CYBERSPEED
www.TeamCyberspeed.com
Endurance Series
www.SailSeries.com
Re: Atlantic 1000 [Re: Mary] #27645
01/09/04 05:17 PM
01/09/04 05:17 PM
Joined: Jun 2001
Posts: 12,310
South Carolina
Jake Offline
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Jake  Offline
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South Carolina
on what street can I find that 'median'? Geeze....I don't think I'm even in the right town!


Jake Kohl
Re: Atlantic 1000 [Re: Jake] #27646
01/09/04 10:23 PM
01/09/04 10:23 PM
Joined: Jul 2001
Posts: 1,253
Columbia South Carolina, USA
dave mosley Offline
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dave mosley  Offline
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Posts: 1,253
Columbia South Carolina, USA
If I add up all the money I have spent on my poor old boats, it would probably amount to that.
Oh well, it sure was fun spending it! Iknow Murrays and Layline arent complaining either!

See you at the Tradewinds!
dave mosley
Team SEACATS!


The men were amazed, and said, "What kind of a man is this, that even the winds and the sea obey Him?" Matthew 8:27





Re: Atlantic 1000 [Re: Mary] #27647
01/09/04 10:37 PM
01/09/04 10:37 PM
Joined: Oct 2003
Posts: 248
Colorado
SteveT Offline OP
enthusiast
SteveT  Offline OP
enthusiast

Joined: Oct 2003
Posts: 248
Colorado
Quote
did you see their "Sailing Demographics"? According to them, the median net worth of a sailor is $1,013,986.

I imagine their sample is competitors in the events they are marketing. Line up all those guys - even a few beach-cat sailors - with Larry Ellison at the top and the middle earner might be making seven figures.

Also, I misread the event's name in my original post (thanks for the heads up). It is Adventure 1000, not Atlantic 1000. In the pitch on Octogon's Web site it says the event started with a bar bet etc. etc. Did this operation take over for Worrell!? That would be an interesting development.


H-20 #896
Re: Atlantic 1000 [Re: Mary] #27648
01/10/04 01:31 AM
01/10/04 01:31 AM
Joined: Oct 2003
Posts: 248
Colorado
SteveT Offline OP
enthusiast
SteveT  Offline OP
enthusiast

Joined: Oct 2003
Posts: 248
Colorado
Oh, wait, NET WORTH. That's very different from income. I'll bet a lot of sailors fall into the seven-figure range.


Mary, aren't you and Rick well above $1 million in terms of net worth? Without even trying hard I can think of a dozen beach cat sailors who I've met who probably fall into this category: Kirk Newkirk, Wayne Mooneyham, Randy Smyth, the list can easily go on. It's not as hard these days to reach the seven-figure benchmark as it once was. But this doesn't have much to do with the original topic of this string.



H-20 #896
Re: Atlantic 1000 [Re: SteveT] #27649
01/10/04 04:30 AM
01/10/04 04:30 AM
Joined: Nov 2002
Posts: 5,558
Key Largo, FL & Put-in-Bay, OH...
Mary Offline
Carpal Tunnel
Mary  Offline
Carpal Tunnel

Joined: Nov 2002
Posts: 5,558
Key Largo, FL & Put-in-Bay, OH...
It isn't just the middle guy in a lineup. They say 51 percent of sailors are worth over $1,000,000.

But now that I think about it, you're right that when people add up all their assets, they are often surprised to find out how much they are technically worth. Too bad that doesn't translate into disposable income.

And, no, I don't think Rick and I are anywhere close to that. But that's because we have a different philosophy than most people. Instead of saving for the future, we did all the things we really wanted to do while we were young enough to really enjoy them. And now that we are of the so-called retirement age, we have to settle for less in the way of lifestyle and have to work harder to pay the bills. In retrospect, I think we did exactly the right things in exactly the right order. At our age it is easier to work hard than it is to play hard.


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