Captains of Business Vied for Vedomosti Cup

The Vedomosti Cup Sailing Regatta ended on Oct. 7. More than 100 people representing 15 Russian and foreign companies took part in the race held on the Aegean Sea along Turkey and Greece.

The first day of the regatta began with a Vedomosti conference titled “What’s Working Well in Russia.” Vedomosti deputy editor-in-chief Alexander Gubsky invited team captains to share their opinions regarding the positive signals and expectations that guide companies developing their business in Russia. After an open discussion, all the participants went to the Marti Marina, where the teams manned their boats and the race began.

Each stage of the contest was a test of team spirit and a combination of fair winds and good luck. The Men’s Health and Moscow City Racing teams immediately took the lead. And while the Men’s Health team was an all-men group with prior sailing experience, the Moscow City Racing team consisted exclusively of women who were sailing for the first time. Every team was in the running for the cup, and Russian Olympic sailing coach Sergei Dzhienbayev accompanied and instructed a different team during each stage of the race. Business FM radio ran a live feed from the race each day that conveyed the intensity of the emotion.

Participants enjoyed a unique evening program at the end of each day. The first destination of the regatta was the Greek island of Symi with its all-conquering beauty and seafood. At a Men’s Health party on the island, guests euphorically danced the sirtaki and then, according to Greek tradition, broke more than 1,000 plates. Next day, National Geographic Traveler editor-in-chief Alexander Zheleznyak held a photography workshop. That evening, he displayed the best photographs taken on Symi Island as well as photos of the classic Panerai yacht regatta.

The Moscow Times newspaper, co-organizer of the regatta, celebrated its 19th anniversary on Oct. 5 at the picturesque Selimiye and held drawings for a limited edition Trust bank card, gift certificates to the Moscow-region Berta Village Resort and SPA, the Rodina Grand Hotel & Spa in Sochi and the Yevropa Hotel in St. Petersburg.

The winners were honored at a gala dinner: the Men’s Health team took first place, the Moscow City Racing team placed second and Lincoln International — a team of Dutch businessmen led by Derk Sauer — came in third. The TeleTrade and AkBars teams received special prizes from the Istanbul Sailing Academy.

Regatta organizers Vedomosti and The Moscow Times newspapers extend their sincere gratitude to all of their business partners and race participants. In November, a magazine-style insert in the newspapers will carry a report in English and Russian covering each day of the race. The organizers will also invite all of the regatta participants to an after party on Dec. 1 at which they will view a film of the race, receive a magazine-style publication documenting the event and once again immerse themselves in the unforgettable holiday atmosphere of excitement and success.

We look forward to seeing you at the next Captains of Business regatta!

View a photo report of the regatta on Facebook at

Find the regatta website at

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