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Ben Ainslie and Round the Island Race finds sponsor

January 9, 2010

Media_httpitelegraphc_yerio

The sponsorship crisis in UK professional sailing enjoyed a brief respite when JP Morgan Asset Management announced a three year extension to its support of the Round the Island Race.

The investment bank, which first sponsored the annual regatta in 2005, also committed funds to backing Olympic sailor Ben Ainslie until 2012 when he hopes to compete in his fifth Olympic Games and claim his fifth medal.

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