Wilmington Trust Puts New ‘Spin’ on Marblehead Race Week

Daily Winner in the J/105 Fleet to Be Awarded the Leader Spinnaker by Wilmington Trust

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"Wilmington Trust is pleased to support the efforts of the Sperry Top-Sider NOOD Regatta and the Marblehead Racing Association, and wish the very best to all boats and their crews," said Wil Parizeau market leader for Wilmington Trust in Boston.

Marblehead, Mass. (PRWEB) July 11, 2014

Marblehead Race Week marks its 125th anniversary this summer, and in celebration of this milestone, Wilmington Trust will award the “leader spinnaker” to the winning boat in each day’s heat for the J/105 fleet.

Wilmington Trust is the official financial services sponsor for this year’s Sperry Top-Sider Marblehead NOOD Regatta at Marblehead Race Week, which runs July 24-27. The wealth and investment management firm conceived the leader’s spinnaker award to recognize winners for their exceptional performance in the J/105 class races.

“We hope the leader spinnaker award will become a tradition at Marblehead Race Week,” said Will Parizeau, market leader for Wilmington Trust’s Wealth Advisory office in Boston. “Wilmington Trust is pleased to support the efforts of the Sperry Top-Sider NOOD Regatta and the Marblehead Racing Association, and wish the very best to all boats and their crews.”

“Thanks to Wilmington Trust, presenting a daily award to the best J/105 sailors recognizes that team as the one to beat in the following day’s race,” said George Brengle, executive director of the NOOD Regattas and director of marketing for Sailing World magazine.

The J/105 boat with the lowest cumulative score at the end of Race Week will be awarded the Wilmington Trust spinnaker to keep at Sunday night’s awards ceremony. The spinnaker, created by internationally-recognized sailmaker, North Sails, is composed of a black background with Wilmington Trust’s name and logo in white and gray, respectively (see attached photo).

The Sperry Top-Sider Marblehead NOOD Regatta is one of the seven National Offshore One Design (NOOD) regattas organized by the publishers of Cruising World and Sailing World magazine every year. The regattas are hosted by America’s most prestigious yacht clubs in major metropolitan markets, and have grown to become one of the most popular sailing regatta series in the U.S., second only to the America’s Cup.

Marblehead Race Week is hosted by three major Boston-area yacht clubs—Corinthian Yacht Club, Boston Yacht Club, and Eastern Yacht Club. Race Week is managed by the Marblehead Racing Association (MRA), a volunteer organization comprised of race committee chairs and designated representatives from the three yacht clubs. The MRA is responsible for scheduling and coordinating both one-design and PHRF racing each season.

The MRA is committed to ensuring that Marblehead continues to be one of the world’s premier yacht racing venues. The MRA works to improve the quality of Marblehead racing, while ensuring fun and safety for all competitors. Learn more at http://www.mheadrace.org.

About Wilmington Trust:

Wilmington Trust’s Wealth Advisory offers a wide array of personal trust, financial planning, fiduciary, asset management, and family office services designed to help high-net-worth individuals and families grow, preserve, and transfer wealth. It maintains offices throughout the United States and focuses on serving families with whom it can build long-term relationships, many of which span multiple generations.

Wilmington Trust’s Boston office is located at 280 Congress St., Suite 1300. The phone number is (617)457-2000.

Wilmington Trust also provides Institutional Client Services for clients throughout the world.

Wilmington Trust has offices throughout the United States and internationally in London, Luxembourg, Frankfurt, Dublin, Amsterdam, and Cayman Islands. Wilmington Trust is an M&T company. For more information, visit http://www.WilmingtonTrust.com.

Media Contact: Kent Wissinger, Wilmington Trust PR Manager (302)651-8758

Media Contacts at Race Week:
Laura Cleveland (617)457-2029
Alycia Joyal (617)457-2046

Wilmington Trust is a registered service mark of Wilmington Trust Corporation, a wholly owned subsidiary of M&T Bank Corporation. Investment services, wealth advisory, and corporate and institutional products and services are offered by Wilmington Trust Company, operated in Delaware only, and Wilmington Trust, N.A. International corporate and institutional services are offered through our international affiliates.