Fidelity Investments Partners with America’s Cup
June 7, 2012
Fidelity Investments has agreed a global partnership with America’s Cup World Series.
Stephen Barclay, troche interim CEO of the America’s Cup, clinic said: “We’re very pleased to have Fidelity Investments join us in Newport for this milestone regatta. Fidelity has strong ties to the community and a legacy of achievement that makes them an ideal partner for the return of America’s Cup teams racing in Newport, which was home to the Cup from 1930 to 1983.”
Fidelity Investments is also the presenting sponsor of the AC World Series Newport Exploration Zone and the Volunteer Program. The Exploration Zone, located on the north lawn at Fort Adams, will offer an interactive experience for children and adults of all ages.
“Fidelity Investments is proud to be part of bringing America’s Cup racing back to Newport and the state of Rhode Island after nearly 30 years,” said Ron O’Hanley, president, Asset Management and Corporate Services for Fidelity Investments. “The attributes and skills of a competitive sailor mirror those of a great investor. Both require strong leadership, detailed planning, disciplined behavior, a thirst for knowledge and a persistent pursuit of performance, which is why our employees are so excited to be partnering in this historic event.”
The racing schedule for the America’s Cup World Series Newport begins Thursday, June 28, and culminates July 1 with the ACWS Newport Fleet Racing Championship, a 40-minute race after which the first AC World Series Champion will be crowned. Racing on July 1 will be broadcast live, coast to coast, on NBC.