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Atlantic 1000

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(@stitus)
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[#13017]

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.


 
Posted : January 9, 2004 4:30 pm
MaryAWells
(@maryawells)
Posts: 5485
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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.


 
Posted : January 9, 2004 4:50 pm
(@cyberspeed)
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but Adventure 1000. They are referring to the Worrell 1000.


 
Posted : January 9, 2004 4:58 pm
Jake Kohl
(@jake)
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on what street can I find that 'median'? Geeze....I don't think I'm even in the right town!


 
Posted : January 9, 2004 5:17 pm
(@powergroove)
Posts: 1224
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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!


 
Posted : January 9, 2004 10:23 pm
(@stitus)
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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.


 
Posted : January 9, 2004 10:37 pm
(@stitus)
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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.


 
Posted : January 10, 2004 1:31 am
MaryAWells
(@maryawells)
Posts: 5485
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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.


 
Posted : January 10, 2004 4:30 am
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