This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Garmin® Joins Clipper Round The World Yacht Race As Team Sponsor

Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), the global leader in satellite navigation, today announced the extension of its partnership with the Clipper Round the World Yacht Race by becoming a team sponsor. Australian skipper Damian Parnham and his crew will represent Team Garmin as one of the world’s leading providers of marine electronics and satellite navigation equipment.

“Being the official supplier of marine electronics for the Clipper Round the World Yacht Race, we are proud to further our partnership by becoming an official team sponsor for this year’s competition,” said Jon Cassat, vice president of communications. “The Clipper Race is a renowned event that we feel is the perfect stage to showcase the reliability, accessibility and integration of our marine line and further our global presence within the marine market.”

“Modern oceanic racing depends on accurate position-fixing and Garmin’s reputation in the field allows the Clipper Race crews to benefit from their presence,” said Sir Robin Knox-Johnston, Chairman and Founder of the Clipper Race. “We welcome the Garmin yacht into the race as a strong representative of everything we want the Clipper Race to encompass.”

Garmin, the official marine electronics supplier of the world’s longest ocean race, will be naming its boat in the St. Katharine Docks in London on Friday, August 30 th at 10 AM. The race officially begins on Sunday, September 1 st.

Captain Parnham hopes to become the third consecutive Australian skipper to claim a victory in the Clipper Round the World Yacht Race. Parnham is a former Naval Marine Engineer who has a strong racing background and was on-board the record-breaking Brindabella during the Rolex Sydney-Hobart Race in 1997.

“The concept of building the team is a big challenge. I love to push myself and my crew to dream big and lapping the planet on a fast yacht is a dream,” explained Queensland-based Parnham.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,846.53 +34.34 0.19%
S&P 500 2,091.70 +2.56 0.12%
NASDAQ 5,120.31 +17.5020 0.34%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs