Press Release - January 13th, 1997




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For Immediate Release:
January 13th, 1997

Share the Vision

St. Thomas, U.S. Virgin Islands - The dream of winning the America's Cup comes closer with each step. Today, the Virgin Islands America's Cup team faces the challenge of raising funds required to retain one of the worlds top racing yacht designers and start the process to design the boats that will win us the Cup.

Over $2 million has already been raised, from both individuals and corporate sponsors. To date, we are very pleased with the positive response we have received, however the Virgin Islands America's Cup needs another $2 million to progress to the next step of this campaign.

The three week tour of the Virgin Islands on the former Stars and Stripes has now finished and exceeded our expectations. The support that we received during our travels has been immensely encouraging and we are hoping this will continue through to the year 2000 in New Zealand.

We most certainly would not have been able to progress this quickly in our campaign without the support and generosity of individuals and corporate sponsors alike. We strongly believe that the Virgin Islands Americas Cup Foundation will be the most successful method of encouraging our youth to understand and enjoy these beautiful waters.

The Virgin Islands America's Cup Foundation is a non profit organization with a 5013C tax deductible status. This endeavor is a large undertaking, but with commitment of people like yourselves, together, we will make this happen. You can be a part of this campaign by sending your donations to The Virgin Islands America's Cup Foundation at 6501 Red Hook Plaza, Suite 201, St. Thomas, VI 00802. We can be contacted at phone (809)774-9090, fax (809)777-5089 or on CompuServe 105401.3030.

Press Release for October 22nd, 1996
Press Release for October 7th, 1996
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